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2 years ago

Select the correct answer from each drop-down menu.

1 answer:

3 0

Answer: buying situation; Market offerings. Describe personal factors that influence what and when consumers buy: Demographics (age, economic status, etc.)

Explanation: Hope this helps :)

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Marc and Michelle are married and earned salaries this year of $64,000 and $12,000, respectively. In addition to their salaries,

ale4655 [162]

Answer:

I will use the 2020 tax schedule since recovery rebate credit applies to 2020:

Marc and Michelle's gross income = Marc's and Michelle's salaries + interest from corporate bonds = $64,000 + $12,000 + $500 = $76,500

they should choose the standard deduction since it is higher than their itemized deductions = ($24,400)

contribution to IRA = ($2,500)

alimony payment = ($1,500) the divorce agreement was settled on 2005

Marc and Michelle's taxable income = $48,100

Marc and Michelle's tax liability = $1,975 + [12% x ($48,100 - $19,750)] = $5,377

Interests on municipal bonds is not taxable.

The amount of taxes that they owe = $5,377 - $3,500 (federal tax withholdings) = $1,877

Refundable tax credits:

$2,000 in child tax credit

$2,900 in recovery rebate credit

total = $4,900

taxes payable or refund = tax liability - refundable tax credits = $1,877 - $4,900 = -$3,023.

Marc and Michelle should get a refund for $3,023

4 0

2 years ago

Toby’s current marginal utility from consuming peanuts is 100 utils per ounce and his marginal utility from consuming cashews is

Ne4ueva [31]

Answer:

Toby is not maximizing his utility because MUp/Pp > MUc/Pc

Explanation:

given data

marginal utility consuming peanuts = 100 utils per ounce

marginal utility consuming cashews = 200 utils per ounce

peanuts cost = 10 cents per ounce

cashews cost = 25 cents per ounce

solution

we know that Toby will have maximize utility when here

Marginal utility of peanut ÷ price of peanut = Marginal utility of cashew ÷ cash ..........................1

MU (p) ÷ P (p) = MU (c) ÷ P (c)

put here value

$\frac{100}{10} = \frac{200}{25}$

but here

10 > 8

so we can say Toby is not maximizing his utility because MUp/Pp > MUc/Pc

8 0

2 years ago

Read 2 more answers

(20 points)

neonofarm [45]

false

true

7 0

3 years ago

Read 2 more answers

Which of the following statements is not true concerning Peter Jackson's use of computer-generated imagery in The Lord of the Ri

Sonbull [250]

Answer:

Explanation:

I believe its C due to the fact. stunt doubles are actual individuals. or they would just have the actor be edited instead of placing a digital stunt double.

6 0

2 years ago

Which of the following transactions will REDUCE your checking account balance immediately?

tino4ka555 [31]

Answer:

the answer B

Explanation:

using your debit card to pay groceries at the supermarket

8 0

3 years ago