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Rod Uses His Automobile for Both Business and Personal Use

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Rod uses his automobile for both business and personal use and claims the automatic mileage rate for all purposes.During 2014,his mileage was as follows:
 Miles Driven  Personal 4,000 Business 8,000 Qualifying moving expense 3,500 Medical 1,800 Charitable 1,500 Qualifving education (MBA program) 800\begin{array}{lr}&\text { Miles Driven }\\\text { Personal } & 4,000 \\\text { Business } & 8,000 \\\text { Qualifying moving expense } & 3,500 \\\text { Medical } & 1,800 \\\text { Charitable } & 1,500 \\\text { Qualifving education (MBA program) } & 800\end{array} How much can Rod claim for mileage?

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Definitions:

Labor Supply

The total hours that workers are willing and available to work at a given wage rate, within a specific labor market.

Leisure

The time available for ease and relaxation when no work is done.

Labor Supply Curve

A graphical representation outlining the relationship between the wage rate and the amount of labor that workers are willing to supply.

Income Effect

The change in an individual's consumption pattern due to a change in their real income, usually following a change in prices.

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