marginal rate of substitution
Marginal rate of substitution tends to decrease with passage of units consumptions.
Yes. The height of an indifference curve is the marginal rate of substitution.
As a matter of fact, law of diminishing marginal rate of substitution conforms to the law of diminishing marginal utility. According to law of diminishing marginal utility, as a consumer increases the consumption of a good, its marginal utility goes on diminishing. On the contrary, if the consumption of a good decreases, its marginal utility goes on increasing.
In economics, the marginal rate of substitution can be determined by calculating the ratio of the marginal utility of one good to the marginal utility of another good. This ratio represents the rate at which a consumer is willing to trade one good for another while maintaining the same level of satisfaction.
marginal rate of substitution
marginal rate of substitution
What ever your marginal rate will after you have completed you income tax return correctly. Could be any where from the -0- % to the maximum 35% tax bracket amount.
Marginal rate of substitution tends to decrease with passage of units consumptions.
Yes. The height of an indifference curve is the marginal rate of substitution.
Yes the taxable amount of the distribution is not EXEMPT from the 10% early withdrawal penalty on or after the death of the spouse. The taxable amount of the distribution will be added to all of your other gross worldwide income and taxed at your marginal tax rate.
Marginal Rate
The taxable amount of the distribution will be subject to the marginal tax rate of the owner of the UTMA account in NJ when the 1040 federal income tax return is completed correctly.
As a matter of fact, law of diminishing marginal rate of substitution conforms to the law of diminishing marginal utility. According to law of diminishing marginal utility, as a consumer increases the consumption of a good, its marginal utility goes on diminishing. On the contrary, if the consumption of a good decreases, its marginal utility goes on increasing.
In economics, the marginal rate of substitution can be determined by calculating the ratio of the marginal utility of one good to the marginal utility of another good. This ratio represents the rate at which a consumer is willing to trade one good for another while maintaining the same level of satisfaction.
Any withdrawal amounts from your IRA account would be a taxable distribution from your IRA account and if you are under the age of 59 1/2 the taxable amount will be subject to the 10% early withdrawal penalty plus income tax at your marginal tax rate on the taxable amount.
When the total product is increasing but at a decreasing rate, the marginal product will also decrease.