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Author Question: Suppose there is a linear relationship between national income and total tax revenue. If national ... (Read 78 times)

allywil32

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on: Oct 12, 2022
Suppose there is a linear relationship between national income and total tax revenue. If national income is $100 million, then $25 million is collected as tax revenue . If national income is $200 million, then $40 million is collected in tax revenue. What is the marginal response in tax revenue to a change in national income?
◦ -15
◦ 15
◦ 15 million
◦ 0.15 million
◦ 0.15
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by allywil32 on Oct 12, 2022

lhn821

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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allywil32

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

shewald78

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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