Why don't most tax expenditures help much if your federal tax bill is zero? You don't qualify for tax breaks if your federal tax
bill is zero. Taxes are an automatic stabilizer. Most tax expenditures are specifically for high-income people. Most tax breaks reduce taxable income, but reducing taxable income below zero does not reduce the tax bill.
Answer: Most tax breaks reduce taxable income, but reducing taxable income below zero does not reduce the tax bill.
Explanation:
Tax breaks can be used to reduce your taxable income sometimes all the way to zero. This however simply means that you don't have to pay income tax but does not mean that there won't be other taxes to pay.
Because of these additional taxes left to pay, a person will still pay certain taxes even if their taxable income is below zero. Tax expenditures therefore do not help much with a federal tax bill of zero.
The trainer wants him to get motivated for next session as much as the previous session that he is already motivated to train. Therefore, trainer wants him to remember how he felt in previous session. To made him remember, trainer uses his feeling by make him imagine that he is taking the previous session again.
The whole purpose of developing a strategy is to create unique and valuable market position, but f there was only one good market position, then every company would just try to reach that position. Through their own particular strategy, each company must try to differentiate themselves from the competition and hopefully reach the intended market position.
Variable costs are dependent on production output. The variable cost of production is a constant amount per unit produced. As the volume of production and output increases, variable costs will also increase.
Answer: the correct answer is a. the competitive firm will attain resource-allocative efficiency, but the monopolist will not
Explanation: the monopoly will not attain allocative efficiency because in theory a monopoly won't lose a single customer even if it raises prices since it is the only company in the market selling that product.
