The answer will be monopolistic competition
What is the incremental percentage paid on income taxes called The marginal tax rate
For better understanding, lets explain marginal tax rate
- Marginal tax rate is simply referred to as the increase in taxes as a percentage of the increase in income. That is the change in the tax payment is divided by the change in income.
- Marginal tax rate = Change in taxes due/change in taxable income
from the above, we can therefore say that the answer What is the incremental percentage paid on income taxes called marginal tax rate
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D) to correct market failures and redistribute income
took the test and got it
Answer:
$3,449.33
Explanation:
Data given in the question
Earning per hour = $12.00
Number of hours work in each week = 38
Matilda earning amount bi-weekly = $680
So by considering the above information, the combined monthly qualifying income is
= Earning per hour × Number of hours work in each week × total number of weeks in a year ÷ total number of months in a year + Matilda earning amount × biweekly basis
= $12 × 38 hours × 52 weeks ÷ 12 months + $680 × 26 weeks ÷ 12 months
= $1,976 + $1,473.33
= $3,449.33
If a project has a salvage value greater than zero, the salvage value will increase the net present value.
<h3>What is the relationship between salvage value and net present value?</h3>
Net present value is the present value of after-tax cash flows from an investment less the amount invested. Salvage value is the value that can be gotten from an asset at the end of its useful life.
If the salvage value is greater than zero, it would increase the cash inflows to the owner of the asset and this would increase the value of the net present value.
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