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You have an opportunity to work 4 hours of overtime . The overtime rate is 1.5 times your usual of $25 per hour. You will

You have an opportunity to work 4 hours of overtime . The overtime rate is 1.5 times your usual of $25 per hour. You will be taxed 15 % for Federal Income Tax, 7.65% for FICA taxes, 3.07% for PA income tax, .08% for PA SUI tax, and 1% for local income tax. You will not incur any other expenses due to working overtime . According to the marginal principle and everything else equal (ceteris paribus)will you work the overtime? ( Calculate and show your work for net marginal benefit )

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