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Author Question: Refer to Figure 4-1. Arnold's marginal benefit from consuming the fourth burrito is A) 0. B) ... (Read 80 times)

a0266361136

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on: Jun 29, 2018
Refer to Figure 4-1. Arnold's marginal benefit from consuming the fourth burrito is
 
  A) 0. B) 1.00. C) 2.50. D) 3.00.

Question 2

Explain what a proportional tax is and provide an example.
 
  What will be an ideal response?


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kingdude89

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A proportional tax is a tax whose burden is the same proportion of income for all households. A tax of 20 percent on all forms of income, with no deductions or exclusions is an example of a proportional tax.


a0266361136

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Reply #2 on: Jun 29, 2018
Thank you :)


kingdude89

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Reply #3 on: Jun 29, 2018
Happy to help you


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