The marginal tax rate and the average tax rate for a person who earns $70,000 will be $1,443 per month.
<h3>Marginal tax rate </h3>
The marginal tax rate is the amount of additional tax paid for every additional dollar earned as income. The average tax rate is the total tax paid divided by total income earned. A 10 percent marginal tax rate means that 10 cents of every next dollar earned would be taken as tax.
<h3>
Average tax rate </h3>
A taxpayer's average tax rate (or effective tax rate) is the share of income that they pay in taxes. By contrast, a taxpayer's marginal tax rate is the tax rate imposed on their last dollar of income. Taxpayers' average tax rates are lower — usually much lower — than their marginal rates.
Learn more about marginal tax rate and average tax rate here :
brainly.com/question/10798743
#SPJ4
Answer:
Push button
Explanation:
Organisms respond to stimuli in order to survive in their given environment. It is the ability to adjust to different environmental factors that are beneficial or detrimental.
For example a worm reflexively crawls towards moisture or a dog salivating when it perceives food.
Push button shows a person that they have choices in their lives about which stimuli they pay attention to and remember.
Answer:
Total Cost is the cost that is fixed and does not vary directly with the level of output. According to this question typesetting, printing, editing, reviews, promotion, and advertising are fixed costs. The total fixed cost here is $100000.
Total Variable Cost is the costs that vary directly with the level of output. Variable costs are incurred on variable factors. The Total Variable Cost here is $49000.
Marginal cost is addition to the total cost when one more unit of output is produced.
<u>EQUATIONS
</u>
TC = 100000 + 4.9Q
ATC = 100000 + 4.9Q / Q
AVQ = 4.9Q / Q
MC = Change in Total Cost / Change in Quantity = 4.9
<u>GRAPH</u>
Is attached as picture.
Conclusion: The AVC and MC both are equal to 4.9.
Answer:
A country induce imports mainly due to two strategies. First is when the needs is to be satisfied for a commodity that cannot be produced domestically or to foster competition in the domestic country.
When the imports increase the domestic industries tries to improve their operations by increasing efficiency which leads to better economic growth and employment opportunities.
Answer: D
If Emily wants to remind herself to begin working on revisions of her proposal document by the end of the month, and she is using her email software, she create a new Task and set a due date.
By creating a new task and setting a due date, she will be reminded on the specific day she wants herself to start the task.
