The answer is : b. An externality
The example of an Externality is air pollution from Car emission
The air pollution is not technically covered and intended by the car manufacturing company , but it harm a third party ( civilians) who do not involved in the car production
The thalamus is a sensory integration and relay station that recent studies have shown to play a role in regulating levels of awareness.
Answer:
the income tax liability for the year 2020 is $9,680
Explanation:
The computation of the income tax liability for the year 2020 is as follows:
= (Adjusted gross income) - (itemized deductions) × tax rate
= ($54,000 - $10,000) × 0.22
= $44,000 × 0.22
= $9,680
We assume the tax rate be 22%
hence, the income tax liability for the year 2020 is $9,680
Answer:
To break even the company must sell
Explanation:
The position at which the company is at no profit and loss position then it is said that the company is at breakeven position.
Break-even position can be found from the following position:
Breakeven position = Fixed cost / contribution per unit
The fixed cost here is initial investment which is $9900 and the contribution can be found by taking the difference between selling price per unit and variable cost per unit. The contribution per unit is $0.55 per unit ($1.2 - $0.65). By putting values in the above equation we have:
Breakeven position = $9900 / $0.55 per unit = 18000 Units
So 18000 units are required to sell to reach at a no profit no loss position.
