Steve, a resident of Econoland, currently works 20 hours a week and earns an annual Income of $50,000. The following table shows income tax rates in Econoland. Annual Income Tax Rate
Up to $50,000 10%
From $50,000 to $75,000 20%
Over S75,000 30%
This is an example of a income tax.
After paying income taxes. Steve receives per year.
If Steve works an additional 10 hours a week (30 hours a week total), his annual income will be $75.000. After paying income taxes, Steve will receive per year. In other words, by working an additional 10 hours per week, Steve will receive an additional .
If Steve works 10 more hours in a week (40 hours a week total), his annual Income will further Increase to $100,000. After paying income taxes, Steve will receive per year. In other words, by working 10 more hours per week, Steve will receive more than what he would receive if he works only 30 hours a week.
As Steve works more, the additional amount he receives from working 10 more hours , which means his cost of leisure .

Paid-in-capital in excess of par represents the amount of proceeds a. from the original sale of common stock b. in excess of the par value from the original sale of common stock c. at the current market value of the common stock d. at the curent book value of the common stock

crow design, inc. is a web site design and consulting firm. the firm uses a job order costing system in which each client is a different job. crow design assigns direct labor, licensing costs, and travel costs directly to each job. it allocates indirect costs to jobs based on a predetermined overhead allocation rate, computed as a percentage of direct labor costs. direct labor hours (professional) 6,250 hours direct labor costs ($1,800,000 support staff salaries ,000 computer ,000 office ,000 office ,000 in november 2012, crow design served several clients. records for two clients appear here: delicious treats mesilla chocolates direct labor 700 hours 100 hours software licensing $ 4,000 $400 travel costs 8,000 1. compute crow design’s direct labor rate and its predetermined indirect cost allocation rate for 2012. 2. compute the total cost of each job. 3. if simone wants to earn profits equal to 50% of service revenue, how much (what fee) should she charge each of these two clients? 4. why does crow design assign costs to jobs?

Pam is a low-risk careful driver and fran is a high-risk aggressive driver. to reveal their driver types, an auto-insurance company a. refuses to insure high-risk drivers b. charges a higher premium to owners of newer cars than to owners of older cars c. offers policies that enable drivers to reveal their private information d. uses a pooling equilibrium e. requires drivers to categorize themselves as high-risk or low-risk on the application form