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Lina20 [59]
3 years ago
6

Increasing W-4 allowances will ________ the net pay in your paycheck and ______ your total tax burden.

Business
1 answer:
frutty [35]3 years ago
6 0
The answer is Increase and Reduce
W-4 allowance is deducted directly from the total of your salary by the employers.This means that the amount of money that you could take home will be reduced.
Since the employers now in the possession fo a certain percentage of your income, the tax burden is now no longer in your hands, which will reduce your amount of tax payment.
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If a cost's step-cost behavior follows very narrow steps, the costs may be approximated using:
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The correct answer is (C) straight variable cost assumptions.

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If the total cost increases with small increases in activity, it may be referred to as a step-variable cost.

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On the _________________________date, the dividend to be paid is recorded as a _______________________, and retained earnings ar
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Answer: The answers are DECLARATION; LIABILITY; REDUCED; HOLDER-OF-RECORD DATE

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For the case of a perfectly price-discriminating monopolist (ppdm), producer surplus can be calculated as:
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Answer:

Explanation:

Producer surplus can be defined as the difference between how much a person can receive by selling a good at the market price versus how much a person would be willing to accept for the given quantity of good.

The Perfect Price Discrimination (1st degree price discrimination) will occur when an organization charges a different price for every unit consumed.

Producer surplus is formally given as PS = TR( q ppdm ) 0 q ppdm MC(q)dq

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For total cost and the definite integral of marginal cost over the range of output, we find that PS = TR( q ppdm ) TC( q ppdm ).

That is the sum of the consumer surplus and producer surplus is the total gains from trade.

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3 years ago
If an economy is producing at a point on its production possibilities frontier, it is: a.efficient in production and allocation.
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Answer:

d.efficient in production but not necessarily in allocation.

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The production possibility curve portrays the cost of society's choice between two different goods. An economy that operates at the frontier has the highest standard of living it can achieve, as it is producing as much as it can using the same resources. If the amount produced is inside the curve, then all of the resources are not being used.

- all points on the curve are points of maximum productive efficiency

- However, an economy may achieve productive efficiency without necessarily being allocatively efficient. Market failure (such as imperfect competition or externalities) and some institutions of social decision-making (such as government and tradition) may lead to the wrong combination of goods being produced (hence the wrong mix of resources being allocated between producing the two goods) compared to what consumers would prefer, given what is feasible on the PPF.

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