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lara [203]
3 years ago
11

Olivia is single, 66 years old, and not blind. She paid all the cost of keeping up her home. She earned $55,000 in wages for 201

9. Olivia provided all the support for her two grandchildren who lived with her all year. Cora is 11 years old and Jack is 15 years old. She does not have enough deductions to itemize. Olivia, Cora, and Jack are all U.S. citizens with valid Social Security numbers. 1. What is the amount of Olivia's standard deduction? A. $18,350 B. $20,000 C. $24,400 D. $25,700
Business
1 answer:
andrey2020 [161]3 years ago
8 0

Answer:

B. $20,000

Explanation:

$20000  is the amount of Olivia's standard deduction.

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The Demand Curve is a line that is
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A. At high prices, people want a small quantity. At low

Explanation:

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Which of the following is likely the lowest paid job listed?
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Suppose that production for good X is characterized by the following production function, Q = K0.5L0.5, where K is the fixed inp
Ad libitum [116K]

Answer:

B). $12

Explanation:

As per the given data, the AFC(Average Fixed Cost) for employing 25 factors of labor and 16 factors of capital would be $12.

We are given the production function,

Q = K^{0.5} L^{0.5}

where,

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As we know, the two inputs are labor, as well as, capital;

To find AFC, we need TC;

so,

TC = (Fixed cost + Variable cost)

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8 0
2 years ago
Jack and Jill are married and have no dependent children. They are both over 65 and Jill is blind. Their gross income is $45,000
yan [13]

Answer:

They are exempt from paying tax

Explanation:

Taxable income is the amount of an individual's gross income that the government deems subject to taxes.

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8 0
2 years ago
The predetermined manufacturing overhead rate for the year was 140% of direct labor cost; employees were paid $17.50 per hour. I
Aleks04 [339]

Answer:

D. $ 367.500

Explanation:

We have to first compute the total direct labor cost. This is done by multiplying the estimated direct labor hours with the hourly rate.

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5 0
3 years ago
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