The legal system in the United States is based on ____

_____ syndication involves original shows, like inside edition and judge judy, which are produced specifically for the syndicati

kozerog [31]

First-Run syndication

7 0

2 years ago

The marginal tax rate for a lump-sum tax a. is always positive. b. is zero. c. can take on any value but must be greater than th

o-na [289]

Answer:

b. is zero.

Explanation:

Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.

There are three (3) types of taxation used by the government, these are;

1. Progressive taxation: it involves charging individuals having higher incomes a higher percentage of their total income.

For instance, Citizen A pays 20% on $50,000 and Citizen B pays 15% on $36.000.

2. Proportional taxation: it involves charging both lower and higher income earners equally in proportion to their income.

For instance, Citizen A pays 10% on $50,000 and Citizen B pays 10% on $36,000.

3. Regressive taxation: it involves charging individuals with low incomes a higher percentage of their total income and vice-versa.

For instance, Citizen A pays 15% on $50,000 and Citizen B pays 20% on $36,000.

The marginal tax rate for a lump-sum tax is zero because an additional amount of money would not change it.

7 0

2 years ago

Gina, a minor, enters into a contract to buy a tractor from herb, an adult. the deal is set aside. restoring herb to the positio

Andru [333]

It is the duty of the parent of Gina

6 0

3 years ago

The 100% rule does not imply that the optimal solution will necessarily change if the percentage exceeds 100%

kondor19780726 [428]

The truth is 100% Rule doesn’t imply that the optimal solution will automatically change if the percentage exceeds 100%. The 100% Rule compares, proposed changes to allowed changes. The value of the objective function will change, but the values of the decision variables and the dual prices will stay the same.

3 0

3 years ago

Suppose Antonio and Caroline are playing a game in which both must simultaneously choose the action Left or Right. The payoff ma

ladessa [460]

Answer:

Caroline to choose right

Antonio chooses left and Caroline chooses right.

Explanation:

Interpreting the payoff matrix:

Both choose right:

Antonio receives 3, Caroline receives 7

Both choose left:

Antonio receives 4, Carolina receives 6

Caroline chooses left, Antonio chooses right:

Antonio receives 7, Caroline receives 5

Caroline chooses right, Antonio chooses left:

Antonio receives 6, Caroline receives 8

As we can see, Antonio only has a better payoff then Caroline if she chooses left and he chooses right. Therefore, the dominant strategy is for Caroline to choose right, this way she will always have the greater payoff.

If Antonio chooses right, the outcome may alter depending on the outcome, therefore it is not a Nash Equilibrium. However, if Antonio chooses left, no matter what Caroline chooses, she will have the greater payoff. At the same time, if Caroline chooses right, Antonio cannot change the outcome by changing his strategy. Therefore, the outcome reflecting the unique Nash equilibrium in this game is as follows: Antonio chooses left and Caroline chooses right.

8 0

3 years ago

The legal system in the United States is based on _____.