Answer:
Should purchase or consume more Alpha than Beta.
Explanation:
Marginal utility per dollar spent can be calculated as,
Alpha = 30/5 = 6/$ spent
Beta = 40/10 = 4/$ spent
Therefore maximizing utility in a given budget constraint would be achieved by buying or consuming more of Alpha.
Answer:
the answer is price index
Answer
$31,000
Explanation:
(c) $31,000
Explanation:
As per IRS for Earnings of Clergy, A licensed, commissioned, or ordained minister who performs ministerial services as an employee may be able to exclude from gross income the fair rental value of a home provided as part of compensation (a parsonage) or a housing allowance provided as compensation if it is used to rent or otherwise provide a home. In order to be able to exclude the housing allowance from income, the minister's employing organization must officially designate the housing allowance as such before paying it to the minister.The fair rental value of a parsonage or the housing allowance is excludable only for income tax purposes, and not for Self-employment tax purpose.
In the given case, the church did not designate any of Luke's salaries as a housing allowance. Hence it is not deductible from Gross Income for Income Tax Purposes and irrespective of designation or not, it is not deductible for self-employment tax.
Thus, Full salary of Luke i.e $31,000 must be included when figuring net income for self-employment tax.
Answer:
Explanation:small number of centrally locates warehouses will make their products readily available in needed small quantities. While having a larger warehouse nearer to the end customers will make the product easily accessible
To protect consumers from potentially dangerous manufactured goods, the us government is most likely to use : Regulation
For example, the Government will put safety regulations to ensure that all the goods are fulfilling the standard
hope this helps
