--%>

Break Even Income

A marginal tax rate of 50 percent and an income floor of $6,500 yield a break even income of: (w) $3,250. (x) $6,500. (y) $9,750. (z) $13,000.

I need a good answer on the topic of Economics problems. Please give me your suggestion for the same by using above options.

   Related Questions in Microeconomics

  • Q : Economic profit of purely-competitive

    This purely-competitive lumber mill experiences on the average day is an: (w) economic profit of about $340. (x) economic loss of roughly $150. (y) accounting profit of less than $300. (z) accounting loss of more than $100.

    Q : Real interest rate in saving and

    When the real interest rate : (w) is low, there are greater incentives to borrow and fewer incentives to lend. (x) is low, there are greater incentives to lend and fewer incentives to borrow. (y) equals the nominal interest rate + the expected rate of

  • Q : Maturity on a consol bond or perpetuity

    The yield to maturity on a consol bond or perpetuity which pays $200 annually and sells for $1000 is: (w) 5 percent. (x) 10 percent. (y) 20 percent. (z) 25 percent. I need a good answer on the topic of Econ

  • Q : Pure competition for quantity adjustment

    The only industrial structure in that all firms are pure quantity-adjusting price takers is: (1) impure oligopoly. (2) pure monopoly. (3) pure or perfect competition. (4) monopolistic competition. (5) pure oligopoly.

    Q : Selling price by price elasticity of

    At the point upon the demand curve for Silver Screen Classic DVDs, here the price elasticity of demand is unitary, the price would be approximately: (i) $10, resulting in roughly 8 million DVDs being sold. (ii) $13, resulting in appro

  • Q : Pure competition in modern U.S. economy

    Within the modern U.S. economy, there pure competition is: (w) characteristic of all resource markets. (x) rare in product markets. (y) most common for public utilities. (z) strictly regulated throguh government. I

  • Q : Bond Ratings Fully explain the term

    Fully explain the term Bond Ratings?

  • Q : Industrial Unions-specific industry Can

    Can someone help me in finding out the right answer from the given options. The industrial union is intended to cover all the workers who: (1) Encompass a specific skill. (2) Are in a specific industry. (3) Encompass experience as apprentices. (4) Work merely on assem

  • Q : Cross price elasticities of demand The

    The cross price elasticities of demand are possibly most positive for: (w) shoe repairs and new shoes. (x) syrup and waffles. (y) gasoline and limousines. (z) college tuitions and textbooks. How can I solve my

  • Q : Wage Differentials-Adam Smiths theory

    The Adam Smith’s theory of wage differentials is least reliable with a case in which a: (1) Chef in the five-star restaurant earns a higher wage than cook in the fast food restaurant. (2) Security guard for U.S. firm in Baghdad is paid more than the security gua