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adoni [48]
3 years ago
10

Please help! The marginal revenue product of the second worker is

Business
1 answer:
Setler [38]3 years ago
8 0

Answer:

The marginal revenue product of the second worker is $150.

Explanation:

  • This is because when we change from 1 worker to 2 workers, the total product increases by 30 (from 20 when there were 1 worker to 50 when there wew 2 workers).  
  • The value of this extra product, considering that the price of every T-shirt  is $5 (marginal revenue of this product) equals 30\times\$5=\$150.
  • This is additional value in dollars that the company has because incuding an extra employee when it changes from oneto two employees.
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Carson's tax liability for 2021 as a 23-year full-time student, who earns from the summer internship and part-time job and receives a qualified dividend is $645.

<h3>What is tax liability?</h3>

Tax liability refers to the amount that a taxpayer is obliged to pay.

The tax liability is a function of the taxpayer's taxable income, tax bracket, deductions, and applicable tax rate.

In this case, we have assumed a flat tax rate of 10% for both Carlson's earned income and the dividend income.

<h3>Data and Calculations:</h3>

Earned income = $14,000

Qualified Dividend income = $5,000

Adjusted taxable income = $6,450 ($19,000 - $12,550)

Tax liability = $645 ($6,450 x 10%)

Thus, Carson's tax liability for 2021 is $645.

Learn more about tax liabilities at brainly.com/question/7409145

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2 years ago
Three groups that participate in the process of establishing gaap are users, preparers, and auditors. these groups are represent
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3 years ago
The following summary transactions occurred during 2021 for Bluebonnet Bakers: Cash Received from: Collections from customers $
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2 years ago
Newham Corporation produces and sells two products. In the most recent month, Product R10L had sales of $31,000 and variable exp
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Answer:

a.$75,508

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We combined the Break Even Sales by adding the sales of the two products and the variable expenses of the two products.

Break Even Sales =$46,060/1-($10,780+$18,470/$31,000+ $44,000)

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Break Even Sales =$46,060/ 1-0.39

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6 0
3 years ago
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