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Use the following to answer question:
Table 10.13
-(Table 10.13) The table shows consumer valuations for two versions of the Camaro. Select a price for the coupe and ZL1 such that the budget consumer prefers to purchase the coupe and the luxury consumer prefers the ZL1.
FICA Social Security Taxes
Taxes collected under the Federal Insurance Contributions Act that fund Social Security and Medicare programs.
FICA Medicare
The portion of the U.S. Federal Insurance Contributions Act tax that funds Medicare, providing health insurance to individuals over 65 and some younger with disabilities.
Federal Unemployment Taxes
Taxes imposed by the federal government on employers to fund state unemployment agencies and provide unemployment compensation to workers who have lost their jobs.
State Unemployment Taxes
Taxes imposed by state governments on businesses based on the amount of wages paid to employees, used to fund unemployment compensation programs.
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