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slega [8]
3 years ago
14

In 2019, Alex has income from wages of $16,000, adjusted gross income of $18,000, and tax liability of $300 before the earned in

come credit. What is the amount of Alex's earned income credit for 2019, assuming he is single and his 5-year-old dependent son lives with him for the full year
Business
1 answer:
bija089 [108]3 years ago
6 0

Answer:

Benefit is $3526

Explanation:

In order to obtain earned credit, the following requirements should be managed to meet:

1) interest income must be 3600 or even less.

(2) Total income for sole dependents must be 41,094 or fewer.

3) In such a situation, the full amount of taxable income credit shall be $3,526.

Because all earned income and gross income are below the latter cap ($41,094) in that case, the full taxable income benefit is $3526.

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A person should consume more of something when its marginal.
sashaice [31]

Answer:

True

Explanation:

8 0
2 years ago
Hugh is in charge of creating the value proposition for a new start-up company. In order for him to create an effective value pr
marta [7]

Answer:

Who is the target buyer for the offering, what is the offering to the buyer, why is the offering unique for the customer

Explanation:

Since in the given situation, it is mentioned that the hugh developed the value proposition for newly startup company so for developing the effective value proposition he need to answer the question for a consumer that involved about the target purchaser who is offering, the offering made to the buyer and the unique offering made to the customer

These 3 types of questions he need to answer

4 0
3 years ago
Be careful with a ________ strategy. Because price is a cue for developing customer perceptions of product quality, the value pr
katovenus [111]

Answer:

A. penetration pricing

Explanation:

Penetration pricing strategy is an approach where a business seeks to gain a sizeable market share by offering a product at a reduced price. The penetration strategy is mostly used when introducing a new product in a competitive market. Marketers use reduces prices to entice customers to buy the and new product.

Penetration pricing strategy aims at changing customer preferences by introducing a new, low-priced product. There is always a risk that customers will perceive this new and low-priced product to be of inferior quality. Middle and high-end customers are more likely to view a low-cost product item as not of their desired standard

7 0
3 years ago
If the par value of a stock is $5 and the offering price of the stock is $2, the capital in excess of par is:
mr_godi [17]
You cannot compute for the capital in excess of par since you don’t have the number of shares but let us assume there are 100,000 shares.

If the Company sell 100,000 shares of its common stock for $2 per share, and the par value of each share is $5, then the amount of the capital in excess of par is 100,000 shares x $3/share, = 300,000 and is recorded:

Cash 500,000  

      Common stock ($2 x 100000) 200000

      Additional Paid-In Capital($3 x 100000) 300000
4 0
3 years ago
Both firms in a Cournot duopoly would enjoy lower profits if:
daser333 [38]

Answer:

each firm simultaneously increased output above the Nash equilibrium level.

Explanation:

A French mathematician, Antoine Augustine Cournot developed the Cournot duopoly in his economic model “Researches into the mathematical principles of the theory of wealth”, of 1838.

Cournot duopoly also known as the Cournot competition, is an economic model where two (2) business firms having identical cost functions compete in a oligopolistic market of imperfect competition with homogeneous products.

Under the Cournot duopoly, the competing firms offer identical products and thus, choose an amount or quantity to produce independently and at the same time because they cannot collude.

Both firms in a Cournot duopoly would enjoy lower profits if each firm simultaneously increased output above the Nash equilibrium level.

Hence, the advantage of the Cournot duopoly is that, it inhibits competing firms from deviating unilaterally.

4 0
4 years ago
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