Answer:
amount of tax saving is $4320
Explanation:
given data
tax deduction = $18000
marginal tax rate = 24%
effective tax rate = 20%
to find out
amount of tax saving
solution
we know tax saving formula that is
tax saving = tax deduction × marginal tax ........................1
so now put here all value in equation 1
tax saving = tax deduction × marginal tax
tax saving = 18000 × 24%
tax saving = 18000 × 0.24
tax saving = 4320
so amount of tax saving is $4320
Answer:
Attached image is the plotted and labeled graph.
Explanation:
- Bundle values are:
A. (9,1)
B. (3,7)
C. (4,0)
D. (8,8)
E. (6,5)
- Count over on the x-axis then count up on the y-axis.
- Start marking the values of y-axis above the x-axis on the graph.
Answer:
(D) $5; $150
Explanation:
MR=MC, marginal cost is the market price, which is 5$.
And she is making a dollar per based on the average total cost;
so selling 150 =$1 ×150
= $150 .
