1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
notka56 [123]
3 years ago
13

If an individual pays an additional $0.30 in taxes as a result of a $1.00 increase in income, then that individual must have a(n

) __________ tax rate of 30 percent.
Business
1 answer:
sattari [20]3 years ago
6 0

Answer:

Marginal

Explanation:

Individuals are required to pay taxes on the income earned. Marginal tax rate is the rate applicable on the additional income earned. This rate increase with the increase in income. The aim of marginal tax rate is to tax individuals based on their income. Higher the income, higher will be marginal tax rate. So, lower income group would be taxed at a lower rate.

Here, additional taxes of $0.30 for a $1 increase in income means the individual's marginal tax rate is 30% that is 0.3/1 × 100.

You might be interested in
7. Write at least two policies that a company could use to decide which customers to offer credit to. (1-2 sentences. 2.0 points
Bas_tet [7]

Answer:

Competition tribunal

Competition commission

Explanation:

They protect the rights of the customers

6 0
3 years ago
According to the circular flow model, which of the following is notprovided by consumers?
andreev551 [17]

consumers don’t provide land

5 0
3 years ago
Pay for knowledge programs:
barxatty [35]

Answer:

D. base an employee's salary on the number of task skills he or she possesses.

Explanation:

Pay for knowledge programme as the name implies, is when an employer renumerate an employee for learning or developing new skills/task on the job.

If an employee develop new skills while working and then get renumerated, this will make the employee get himself or herself acquainted with the company. In order words, the employee will go out of his way to improve his efficiency in terms of increase in productivity due to the new task skill gained.

In this reward system, the employer rewards the employee with payment increase for leaning new task and skills on the job which is beyond their regular activity.

4 0
3 years ago
Suppose that many people who earn a living raising cows decide they can make more money selling t-shirts and switch occupations.
zimovet [89]

Answer:

B. There will be a decrease in supply.

Explanation:

The switch would cause the amount of cow rearers to fall. The amount of cow available would fall and there would be a decrease in the supply of beef.

I hope my answer helps you

5 0
3 years ago
Oliver needs to purchase new equipment for his team in order to complete his
noname [10]

Answer:

The correct answer is C

Explanation:

Constraint is the term which is defined as something which will controls or limits the person or an individual what the person can do. Their decision depends or grounded on the constraint.

In this case,Oliver wants to buy the new equipment in order to complete the project. The budget is depend or grounded on the grant awarded by the company. So, it is an example of a constraint project.

5 0
3 years ago
Other questions:
  • 1. Assume that Walmart can borrow at yield of 5% in USD (5-year, zero coupon debt, issued in the US), before issuance costs. Alt
    7·1 answer
  • Identify the type of sentence. because karl spent more money than he earned, he lost his house and car.
    14·1 answer
  • A factory machine was purchased for $393000 on January 1, 2018. It was estimated that it would have a $74000 salvage value at th
    10·1 answer
  • If you had a bank account, which two methods of completing transactions do you think you would use most frequently? Why?
    12·1 answer
  • Greg’s Golf Carts produces two models: Model 24 has sales of 500 units with a contribution margin of $40 each; Model 26 has sale
    14·1 answer
  • Parker Inc. is obligated to pay its creditors $33,333 very soon. If the market value of the firm's assets equals $49,700, calcul
    15·1 answer
  • Seller Deangelo agreed to mediate the radon gas problem in his basement within 31 days. It has been 31 days and he still has not
    6·1 answer
  • The concept of markup under monopolistic competition would best be described as the attempt of firms to make their products look
    14·1 answer
  • Jennifer is a serious student who works on schoolwork each evening. She has a roommate who likes to party and frequently hosts n
    13·1 answer
  • Many of the skills required of a graphic designer can be learned.<br><br> True<br> False
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!