The next step for Karissa is to collect data.
What are the steps involved in a research project?Locating and defining issues or problems is the first step:
The goal of this stage is to define the parameters of a situation or subject that needs to be resolved or researched. The researcher should consider the study's objectives, pertinent prior knowledge, the information that is required, and how the information will be used in decision-making when describing the issues or problems.
Creating the research project is step two:
This step focuses on developing a research strategy or overarching approach to how you will address the stated issue or problem. A framework or blueprint for carrying out a research undertaking is a research strategy or approach. It describes the steps required to get the needed data, and its goal is to create a study that will test the relevant hypotheses, find potential solutions to the research problems, and offer the data required for making decisions.
Data Collection is the third step:
This step focused on gathering the data you'll need to address the issue or problem you identified. Experiments, observations, human interviews, telephone or computer-assisted telephone interviews from an office, and postal surveys are all possible methods for gathering data.
Analyzing Research Data is the fourth step:
In this step, the research findings will be interpreted, examined, and analyzed in order to reach a conclusion that resolves the problem. Make sure the conclusion is clear and well-thought-out in light of the information gathered.
Present Your Research Results is step five:
Reporting the research results to individuals who require the information to make decisions is the last stage. The findings ought to be presented in an understandable way so that decision-makers can quickly utilize them. In order to increase impact and clarity, a spoken presentation to management should also include tables, figures, and graphs.
Learn more about research project here:
https://brainly.com/question/14448144
#SPJ4
A company's ______ is the part of a corporate strategy that addresses how to gain and sustain a competitive advantage when competing against other foreign and domestic companies around the world.
A company's global strategy is part of a corporate strategy that addresses how to gain and sustain a competitive advantage when competing against other foreign and domestic companies around the world. This is further explained below.
What is global strategy?Generally, A corporation develops a worldwide strategy in order to enter the international market.
In conclusion, The component of a company's corporate strategy known as its global strategy deals with how to obtain and maintain a competitive advantage when going up against other domestic and international businesses on a global scale.
Read more about global strategy
https://brainly.com/question/15713218
#SPJ1
Food and energy prices often complicate the measurement of inflation because supply and demand for these products ______.
Food and energy prices often complicate the measurement of inflation because supply and demand for these products (A) often change, creating temporary changes in prices.
What are supply and demand?In microeconomics, supply and demand is an economic model of market price determination. It assumes that all else being equal, in a competitive market, the unit price for a specific good or other traded item, such as labor or liquid financial assets, will fluctuate until it settles at a point where the quantity demanded (at the current price) equals the quantity supplied (at the current price), resulting in an economic equilibrium for price and quantity transacted. It is the theoretical foundation of modern economics.The aggregate demand-aggregate supply model has also been used in macroeconomics to describe how the quantity of total output and the aggregate price level can be set in equilibrium.Therefore, food and energy prices often complicate the measurement of inflation because supply and demand for these products (A) often change, creating temporary changes in prices.
Know more about supply and demand here:
https://brainly.com/question/4804206
#SPJ4
Complete question:
Food and energy prices often complicate the measurement of inflation because supply and demand for these products ______.
A. Often change, creating temporary changes in prices.
B. Are stable in the short run and unstable in the long run.
C. Typically lags behind other goods and services.
D. Are constant, so equilibrium prices rarely change.
Answer:
often change, creating temporary changes in prices
The MR = MC rule Multiple Choice applies both to pure monopoly and pure competition. applies only to pure competition. applies only to pure monopoly. does not apply to pure monopoly, because price exceeds marginal revenue.
The MR = MC rule C. applies only to pure monopoly.
What is monopoly?It should be noted that monopoly simply means the only seller of a good to service in the market.
In this case, the MR = MC rule applies only to pure monopoly.
In conclusion, the correct option is C.
Learn more about monopoly on:
brainly.com/question/13113415
#SPJ1
Column A
1. Know, Plan, Read,
Save
2. comparison shop-
ping
3. U.S. Department of
Agriculture
4. Prime
5. unit pricing
6. prescription drug
7. brand name
8. generic name
9. impulse buying
10. U.S. Food and Drug
Administration
Column B
a. the government agency that sets food
standards
b. the highest-quality meat grade
c. purchasing goods without advance
planning
d. the government agency that tests and
approves drugs
e. wise buying practices to get the most for
our money
f.
checking prices for the same products at
two or more stores
g. the chemical name of a drug
h. stating a product's price by its weight or
volume
i.
j.
a drug dispensed only on a doctor's orders
the name given to a product by its
manufacturer
Answer:
Note that point i in Column B does not have an entry.
Explanation:
See attachment
When a long-run average cost curve illustrates economies of scale it will be ________.
When a long-run average cost curve illustrates economies of scale it will be downward sloping.
What is long-run average cost curve?Long-run average cost curve show both goods and the price that good is been sold.
The curve shoes the goods with the lowest price when the price of factors and process involved in production is fixed.
Therefore, When a long-run average cost curve illustrates economies of scale it will be downward sloping.
Learn more on long-run average cost below
https://brainly.com/question/13993528
#SPJ1
The company's shipments of newly-produced branded and private-label footwear from its facilities to its regional distribution centers are subject to
The company's shipments of newly-produced branded and private-label footwear from its facilities to its regional distribution centers are subject to any applicable import tariffs and exchange rate adjustments.
TariffsTariffs are a form of tax that a business imposes on any imported goods at a border that the government uses to make money.Import dutiesThese are levied by the customs department upon the entry of goods into a nation. It is also known as an import tax, import duty, or customs duty.Change in value or Exchange rateA country's currency is valued according to its exchange rate. For the purposes of currency conversion, it is the worth of one currency.As a result, import duties and rate modifications may apply to the company's distribution of freshly made footwear from its production facilities to its regional distributors.
To learn more about Tariffs and Import duties refer to:
https://brainly.com/question/26384465
#SPJ4
Most operating decisions of management focus on a narrow range of activity called the ______ of production.
a.optimal level
b.relevant range
c.tactical operating level
d.strategic level
Most operating decisions of management focus on a narrow range of activity called the relevant range of production. This is further explained below.
What are operating decisions?Generally, Decisions about daily operations are the kinds of particular business choices that are made by every company on a daily basis. There are millions upon millions of these that have been taken, and thousands upon thousands of distinct varieties. Decisions on how to operate day-to-day activities in a firm are called "operational" and are made by a variety of employees.
In conclusion, The majority of operational choices made by management center on a certain subset of activities, which is referred to as the relevant range of output.
Read more about operating decisions
https://brainly.com/question/7203762
#SPJ1
What do economists assume when evaluating the utility-maximizing decision-making process? multiple choice question.
Economists assume when evaluating the utility-maximizing decision-making process option(I), (III), (V), and (VI) i.e, Consumers are rational, Consumers have limited incomes, Consumers can rank preferences, and Consumers acknowledge prices.
The utilitarian philosophers Jeremy Bentham and John Stuart Mill invented utility maximization first. The utility maximization problem is the dilemma that customers face in microeconomics: "How should I spend my money to maximize my utility?" An example of an optimal decision problem is this. As it demonstrates how customers distribute their income, utility maximization is a key idea in consumer theory. Because they are reasonable, customers aim to gain the most for themselves.
By evaluating the marginal utility of two options and choosing the one that has the highest total utility within the budgetary constraints, one can identify the combination of products or services that maximizes utility. The choice that results in a greater degree of satisfaction has an impact on the decision.
To know more about utility maximization refer to: https://brainly.com/question/14141673
#SPJ1
The complete question is:
Below is a list of assumptions about decision-making.
1. Consumers are rational.
2. Consumers are selfish.
3. Consumers have limited incomes.
4. Consumers have limited wants.
5. Consumers can rank preferences.
6. Consumers acknowledge prices.
What do economists assume when evaluating the utility-maximizing decision-making process?
The purpose of a responsibility accounting system is to provide information to: (Check all that apply.)
The purpose of a responsibility accounting system is to provide information to:
Evaluate a manager's performanceAssign cost and expenses to the manager's responsible for controlling themResponsible accounting is a type of management accounting that is responsible for the overall management, budgeting, and internal accounting of a company. The main goal of this accounting system is to support all planning, calculation, and responsibility centers of the company.
Therefore, accountability is based on the basic principle that managers are only responsible for the actions they control. Responsible accounting follows the basic principles of cost management systems such as budget control and standard costing.
Learn more about responsibility accounting system here:https://brainly.com/question/23612936
#SPJ1
____________ is when suppliers allow a business to take possession of needed goods and pay for them at a later date or in installments. Group of answer choices Collateral A mortgage Trade credit Bartering
Trade credit
Small firms may be able to get finance in the form of trade credit from their suppliers. Suppliers enable the company to obtain the products and services it requires and pay for them later or in installments.
What is the meaning of trade credit?A business-to-business (B2B) agreement known as trade credit allows customers to make purchases of goods without paying in cash upfront and to make payments to suppliers at a later date. Businesses that use trade credits typically give customers 30, 60, or 90 days to make payment, with the transaction being documented by an invoice.
Trade credit can be compared to a form of 0% financing because it increases an organization's assets while deferring payment for a certain amount of products or services to the future and requires no interest payments throughout the repayment period.
Learn more about trade credit here:
https://brainly.com/question/4503841
#SPJ4
When can the wage bracket method be used to calculate employee federal withholding?
The wage bracket method can be used if an employee claims up to 10 allowances.
The wage bracket method is considered the most straightforward approach, as it tells you the exact amount to withhold based on the employee's taxable wages, number of allowances, marital status, and payroll period.
The wage bracket method is used when an employee claims up to 10 allowances. Thus, this method stops at 10 allowances and limits the number of wages that can be used to calculate withholding which brings us to the percentage method.
Hence, for employees, withholding is the amount of federal income tax which is withheld from your paycheck.
To learn more about wage bracket method here:
https://brainly.com/question/4298286
#SPJ4
Credit unions are considered not-for-profit entities and therefore generally offer higher rates on savings accounts and lower rates on loans than most commercial banks do.
a. True
b. False
Credit unions are considered not-for-profit entities and therefore generally offer higher rates on savings accounts and lower rates on loans than most commercial banks do.
This statement is true.
A credit union is that financial cooperative which provides different traditional banking services. These services ranges in size from small, volunteer-only operations to large entities with thousands of participants allover the country.
Credit unions can be formed by large corporations, organizations, or any other entities for their employees as well as members.
Credit unions are owned, and operated by their participants only. Because they are not-for-profit enterprises credit unions enjoy tax-exempt status.
Credit unions always follow a basic business model in which members pool their money. In other words they buy shares in the cooperative.
Any income generated by the credit union is used to fund different projects and services that will benefit the community and the interests of its members.
To know more about credit union here:
https://brainly.com/question/12730078
#SPJ4
The cost that immigrants impose on governments arise mainly in terms of_______ which are primarily
The costs that immigrants impose on governments arise mainly in terms of public schools and healthcare, which are primarily the responsibilities of the state and local government(s).
Immigration can provide widespread economic benefits – a more flexible labor market, extra capabilities base, elevated call for and a greater diversity of innovation. but, immigration is also controversial. It miles argued immigration can cause troubles of overcrowding, congestion, and additional pressure on public offerings.
An immigration inflow identical to 1% of a town's populace is related to will increase in average rents and housing values of about 1%. The consequences advise an economic impact this is an order of magnitude larger than that discovered in exertions markets.
In fact, immigrants help grow the financial system via filling exertions needs, purchasing items, and paying taxes. Whilst more human beings paint productivity increases. And as increasingly Americans retire in the coming years, immigrants will assist fill the exertions call for and maintain the social safety internet.
The question is incomplete. Please read below to find the missing content.
The costs that immigrants impose on governments arise mainly in terms of _________, which are primarily the responsibilities of the _________ government(s).
a) administration, state, and local
b) administration, federal
c) public schools and healthcare, state and local
d) public schools and healthcare, federal
Learn more about the immigrants here https://brainly.com/question/24475673
#SPJ4
Direct and digital marketing most typically involve targeting broad segments of customers.
a. true
b. false
This statement - Direct and digital marketing most typically involve targeting broad segments of customers is false
Online marketing, commonly referred to as "digital marketing," is the delivery of advertising through digital channels to support brands and connect potential customers through the internet and other digital communication channels.
Digital marketing examples include: Search Engine Optimization (SEO), Social Media Marketing (SMM), and Search Engine Marketing (SEM)
Both a basic set of hard skills—which can be learned fairly easily—and a longer list of career attributes—which may take years to master—are necessary for success in digital marketing.
There are many remote or home-based digital marketing positions available. Digital marketing can be an excellent alternative for anyone wishing to change careers without returning to school or relocating to a big city because you can pick up a lot of essential marketing skills while working.
To learn more about digital marketing please visit -
https://brainly.com/question/14083500
#SPJ1
Well-defined goals such as defining the risks a program will manage, what risk management processes are required, and how risk management efforts will be coordinated are all part of a(n)_____ program.
Well-defined goals such as defining the risks a program will manage, what risk management processes are required, and how risk management efforts will be coordinated are all part of a risk management program.
Risk management is the process which is used for identifying, assessing and controlling threats to an organization's capital and earnings. These risks arise from a variety of sources which includes financial uncertainties, legal liabilities, technology issues, accidents, strategic management errors and natural disasters.
A successful risk management program also helps an organization to consider the full range of risks faced by it. Risk management examines the relationship between the different risks and the cascading impact they could have on an organization's strategic goals.
To know more about risk management process here:
https://brainly.com/question/27267096
#SPJ4
Under the adea, an employer can win a disparate impact case if it can show that the discriminatory decision was based on a reasonable factor other than?
Under the ADEA, an employer can win a disparate impact case if it can show that the discriminatory decision was based on a reasonable factor other than age.
This is further explained below.
What is ADEA?Generally, The Age Discrimination in Employment Act of 1967 is a piece of legislation that was passed in the United States in order to prohibit discrimination in the workplace against anybody in the country who is at least 40 years old. In 1967, President Lyndon B. Johnson gave the measure his signature, making it official and making it a law.
In conclusion, In a disparate effect lawsuit, an employer may prevail if it can establish that the discriminatory decision was made on the basis of anything other than age, such as gender or race.
Read more about ADEA
https://brainly.com/question/6354703
#SPJ1
Changes in property, plant and equipment relate to the ______ activities on the statement of cash flows. Multiple choice question. operating financing investing
Changes in property, plant, and equipment related to the investing activities on the statement of cash flows.
The cash flow statement reveals how much money is made or spent on operating, investing, and financing activities during a certain time period, bridging the gap between the income statement and the balance sheet.
The cash generated or spent in relation to investment activities is shown in the cash flow from investing activities portion of the cash flow statement.
Buying tangible assets, investing in securities, or selling securities or assets are all examples of investing activity.
If management is investing in the long-term health of the company, negative cash flow from investing operations could not be a bad indicator.
Hence, Changes in property, plant, and equipment related to the investing activities on the statement of cash flows.
Learn more about Cash flow statement:
https://brainly.com/question/735261
#SPJ1
Franklin roosevelt required all department communications to congress that could affect future budgets be cleared through the bureau of the budget, the predecessor to?
Franklin Roosevelt required all department communications to congress that could affect future budgets be cleared through the bureau of the budget, the predecessor to the office of management and budget.
Franklin Roosevelt was elected as a President in November 1932. Before he entered public service through politics, but as a Democrat.
The policy enacted by Franklin Roosevelt was a New Deal policy, which included new constraints and safeguards on the banking industry and efforts to re-inflate the economy after the fall in prices.
The Congress passed certain laws which were included in the New Deal programs. Thus, through the bureau of the budget Roosevelt required all department of communications to congress be cleared.
Hence, the answer was given and explained above.
To learn more about Franklin Roosevelt here:
https://brainly.com/question/1074602
#SPJ4
Gene works in the uniform and apparel division of cintas. He has responsibility for managing the marketing activities for uniforms aimed at restaurants and dining facilities. Gene’s title is _______.
a. product manager.b. market manager.c. area coordinator.d. brand manager.e. sales manager.
Gene’s title is b. market manager .
A Marketing manager is chargeable for constructing and retaining a sturdy and regular emblem via a huge variety of online and offline advertising channels. The song examines the overall performance of advertising campaigns, controls the advertising, and makes certain that all advertising is consistent with brand identification.
Marketing Managers are chargeable for developing, implementing, and executing strategic advertising plans for a whole corporation (or lines of business and brands inside an employer) with the purpose to attract potential customers and keep existing ones.
Advertising managers normally want at least a bachelor's diploma. a few employers do not require precise training, however many pick an advertising or commercial enterprise diploma. era training and expertise in design and media manufacturing can also help candidates stand out. Managers normally need advertising and marketing revel in.
Learn more about the market manager here: https://brainly.com/question/24553900
#SPJ4
The government hires 2000 workers for new infrastructure projects. Over half of the newly hired construction workers were employed in other sectors of the economy and quit their jobs to take this better paying opportunity.
What types of fiscal polices are described?
This is an example of crowding out and expansionary fiscal policy. From a fiscal policy standpoint, the government implements expansionary policies by giving citizens more money through budgeting instruments. Budget deficits result from higher spending and lower taxation, which means that more money is going into the economy than is being taken out.
Tax reductions, transfer payments, refunds, and greater public investment on initiatives like infrastructure upgrades are all examples of expansionary fiscal policy. For instance, it might boost discretionary government expenditure, injecting additional cash into the economy via government contracts. Economic downturns and recessions are expected to be avoided through expansionary policies.
To learn more about fiscal policy, click here
https://brainly.com/question/27250647
#SPJ1
Airlines that offer lower fares on seats shortly before a flight's departure date to fill empty seats are utilizing---------- which is a form of dynamic pricing.
Airlines that offer lower fares on seats shortly before a flight's departure date to fill empty seats are utilizing dynamic strategy which is a form of dynamic pricing. Real-time pricing, often known as dynamic pricing, is a highly adaptable method of determining a product's or service's price.
Dynamic pricing aims to enable businesses who offer products or services online to quickly modify prices in response to consumer demand. A pricing approach called "dynamic pricing" substitutes variable prices for fixed ones.
The fundamental tenet of the dynamic pricing model is to provide the same product to various customer segments at various costs. According to the number of individuals interested in particular products, dynamic pricing is a means to reflect changes and boost revenue .
To learn more about Dynamic pricing , click here
https://brainly.com/question/6481084
#SPJ4
Business cycles a are more volatile since the end of the Great Recession. b follow a pattern of trough, expansion, peak, and recession. c are predictable due to political upheavals and global markets. d are all identical in duration over the last century.
Business cycles b. follow a pattern of trough, expansion, peak, and recession.
What are business cycles?Business cycles have different stages and follow a certain pattern for the most part.
This pattern includes going through a trough (depression) and then an expansion, a peak, and then a recession which will lead to the economy declining in productivity.
Find out more on business cycles at https://brainly.com/question/26086110
#SPJ1
By integrating new transportation technologies into its fulfillment networks, package delivery companies such as DSL are _______.
By integrating new transportation technologies into its fulfillment networks, package delivery companies such as DSL are developing a more sustainable supply chain.
This is the correct answer because any logistics company would like to improve its service quality by reducing the transport time and at the same time being sensitive towards the environment by reducing the use of fossil fuels like Diesel and Petrol.
E-hailing rides, car sharing systems, electric vehicles (EVs), electric scooters, drones and even autonomous buses are already here. Drone delivery is one of the next advances aimed at reducing congestion and pollution on delivery trucks while maintaining the convenience of courier delivery.
Learn about new transportation technologies here:https://brainly.com/question/25935364
#SPJ1
What is the fee schedule for these services, assuming that the goal is to cover only variable and direct fixed costs?
A schedule of fees is a list of costs associated with carrying out specific administrative tasks. The fee schedule is subject to modification at the commissioner's discretion and is to be made available on the website of the state land office.
The amount of product generated determines the fluctuation in variable costs. Raw materials, labor, and commissions are examples of variable expenses. Regardless of the level of production, fixed expenses stay constant. Lease and rental payments, insurance, and interest payments are examples of fixed costs.
Costs that change as the volume increases are known as variable costs. Raw materials, piece-rate labor, production supplies, commissions, shipping expenses, packing costs, and credit card fees are a few examples of variable costs.
Rent, lease payments, salary, insurance, property taxes, interest fees, depreciation, and possibly certain utilities are just a few examples of fixed costs. For instance, a new business owner would probably incur fixed costs at first for rent.
Learn more about variable and direct fixed costs here
https://brainly.com/question/19339917
#SPJ4
As a promotional tool, podcasting offers the advantage to listeners of:____.
a. high frequency
b. convenience
c. extensive reach interactivity
d. benchmarking
As a promotional tool, podcasting offers the advantage to listeners of convenience. Option B. This is further explained below.
What is a promotional tool,?Generally, Consumers may be persuaded to purchase a product or service via the use of promotional tools such as tactics, techniques, or resources. They are used by many experts in marketing and advertising to enhance sales of a certain item or service as well as to spread knowledge of a recently released product.
In conclusion,
The convenience factor is one of the many benefits that listeners may get from podcasting as a form of advertising.
Read more about the promotional tool,
https://brainly.com/question/23409383
#SPJ1
If an owner terminates an exclusive right to sell agreement prior to closing on the property, but the listing broker introduced the buyer to the seller, who is entitled to the commission?
The listing broker introduced the buyer to the seller, who is entitled to the commission as the original listing broker.
A booking is a character or company that acts as a middleman between an investor and a securities change. A broker also can check with the position of a firm while it acts as an agent for a patron and prices the consumer a fee for its services.
In preferred phrases, a broker is a person who buys and sells matters on behalf of others. they are the middlemen among events. In inventory marketplace jargon, a dealer is an individual or a company that executes 'purchase' and 'promote' orders for an investor for a fee or fee.
The definition of a dealer is someone who buys and sells matters on behalf of others. someone who you hire to shop for a stock for you on the inventory trade is an example of a dealer.
Learn more about the broker here: https://brainly.com/question/6947486
#SPJ4
Setting up automatic account transfers is the easiest way to build your savings for your emergency fund or large purchases.
a. True
b. False
The statement, setting up automatic account transfers is the easiest way to build your savings for your emergency fund or large purchases, is true.
Automatic account transfers is the easiest process which lets your savings grow unattended. If you schedule the transfer around the time that your earnings arrive, the money for savings never really mixes with your spending funds.
Over time, you may also get used to living on that smaller amount too, making it easier to let your savings build. Thus, this saves your money for emergency fund or large purchases.
Hence, setting up automatic account transfers is the easiest way to build your savings for your emergency fund or large purchases.
To learn more about automatic account here:
https://brainly.com/question/9458941
#SPJ4
What is the largest sector of the online travel services market in terms of revenue?
The largest sector of the online travel services market in terms of revenue is Airline Reservations.
An airline is a company that provides air transportation services to passengers and cargo while traveling. Airlines may use aircraft to provide these services and partner or partner with other airlines to enter into codeshare agreements to provide and operate the same flights.
In the aviation industry, airlines generally fall into three categories. That is legacy (or "network") airlines, low-cost carriers (LCC), and ultra-low-cost airlines (ULCC). The two airlines are not exactly the same, but almost all fall into one of these categories. American Airlines Group is the largest in fleet size, passengers carried, and passenger miles.
Learn more about Revenue here: https://brainly.com/question/16232387
#SPJ4
A property is sold for $899,999. The buyer has paid $17,000 as earnest money and is obtaining a 65% loan. Based on the information provided, how much additional cash will the buyer have to bring to the closing day?
Based on the amount that the property has sold for and the loan amount, the additional cash the buyer will bring is $297,999.65.
How much should the buyer bring?The amount the buy should bring as additional cash is:
= 899,999 - (899,999 x 65%) - 17,000
= 899,999 - 584,999.35 - 17,000
= $297,999.65
In conclusion, the buyer should bring $297,999.65.
Find out more on property costs at https://brainly.com/question/26080329
#SPJ1
The additional cash the buyer will bring on closing day is $297,999.65
What is earnest money?
Earnest money is the initial cash payment made by the buyer of a property pending when the final payment would be requested on the closing day.
In this case, the total amount payable by the buyer comprises of the earnest money , 65% of the property price borrowed and finally the additional cash required on closing day.
property price=earnest money+(65%*property price)+additional cash
property price=$899,999
earnest money=$17,000
65%*property price=65%* $899,999
65%*property price=$584,999.35
additional cash=unknown=X
$899,999=$17,000+$584,999.35+X
X=$899,999-$17,000-$584,999.35
X=additional cash= $297,999.65
Find in the link below further explanation on earnest money:
https://brainly.com/question/12021890
#SPJ1
What is the marginal income tax rate of a $5,000 raise for someone who currently makes $95,000 per year?
24% will be the tax bracket for her. The marginal tax rate is the tax rate you pay on every dollar of additional income. Individuals' federal marginal tax rate in the United States rises as their income rises. As one's income rises, the last dollar earned is taxed at a higher rate than the first.
This method of taxation, known as progressive taxation, aims to tax individuals based on their earnings, with low-income earners paying a lower rate than higher-income earners. Under a marginal tax rate, taxpayers are typically divided into tax brackets or ranges, which determine the rate applied to the tax filer's taxable income.
However, how much of an individual's income is taxed depends on more factors than just their marginal tax bracket. Instead, income taxes are calculated progressively, with a range of income levels subject to a certain rate for each bracket.
To learn more about marginal tax, click here
https://brainly.com/question/10798743
#SPJ4