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3 years ago

To maximize utility a consumer should allocate money income between goods and services consumed so that the:

Business

1 answer:

Oduvanchick [21]3 years ago

8 0

The answer is B :) marginal utility obtained from the last dollar spent on each product is the same.

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Leonardo, who is married but files separately, earns $90,000 of taxable income. He also has $8,750 in city of Tulsa bonds. His w

UkoKoshka [18]

Answer: 17.56%

Explanation:

Given that,

Leonardo taxable income = $90,000

Tulsa bonds = $8,750

Theresa taxable income = $50,000

Computation of Leonardo's Tax:

According to the tax rate schedule,

Total Tax = Tax + 24% of taxable income over $82,500

= $14,089.50 + 24% × $7,500

= $14,089.50 + $1,800

= $15,889.5

Computation of Theresa's Tax:

According to the tax rate schedule,

Total Tax = Tax + 22% of taxable income over $38,700

= $4453.50 + 22% × $11,300

= $4453.50 + $2,486

= $6939.5

Total tax on Leonardo's income and Theresa's income:

= $15,889.5 + $6939.5

= $22,829

Effective tax rate = $\frac{Total\ Tax}{Total\ Taxable\ Income}\times100$

= $\frac{22,829}{130,000}\times100$

= 17.56%

5 0

3 years ago

Suppose a flood changes the production capacity in a country. How would you represent this situation with a production possibili

german

Explanation:

The flood will lead to the destruction of the resources in the country.This will result in the shifting of the PPC curve leftward in the economy.

Earlier PPC is represented by PP curve.After the floods and destruction of resources,the curve shifts to P1P1.It is due to the availability of the number of possible combinations which decreases with the destruction of resources.

6 0

3 years ago

If _________ is constrained, we should __________ the staffing level to lower capacity.

Goryan [66]

Capacity is constrained when demand exceeds supply and the flow rate is equal to process capacity. The capacity constraint is a factor that prevents a business from achieving more output. 
If capacity is constrained, we should raise the staffing level to lower capacity.

4 0

3 years ago

Trade Associations provide all of the following except

Lyrx [107]

Answer: B: a degree

Trade Associations provide all of the following a degree.

Explanation:

Trade Associations refer to a group of people in a particular business or trade, who come together to promote their common interests. They are established to set laws and provide great knowledge to companies within the industry. Members operate in the same industry. They are non-profit organizations who provide different learning tools for businesses in a particular industry. They are also known as trade organization.

6 0

3 years ago

ERP success depends on several key factors being met. These factors include all of the following except _________. Select one: a

bonufazy [111]

Answer:

a. Minimize change for workers

Explanation:

Enterprise Resource Planning (ERP) is a method adopted by most companies to manage and integrate the various part of their business. This ERP is based on the usage of software for easier deployment of the integration and it depends on so many factors.

An ERP software system can also integrate planning, purchasing inventory, sales, marketing, finance, human resources, and more of any given business enterprise.

7 0

3 years ago