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Title: Assume that the lost output due to tax distortions is proportional to the square of the tax rate. If Post by: johnpaul92 on Jan 30, 2016 Assume that the lost output due to tax distortions is proportional to the square of the tax rate. If the average cost of the distortion created by taxes is currently $1000, and the tax rate is increased from 40% to 50%, the average cost of the distortion created by taxes will increase to
A) $383.33. B) $640. C) $1562.50. D) $450.00. Title: Re: Assume that the lost output due to tax distortions is proportional to the square of the tax rate Post by: supaman on Feb 2, 2016 Content hidden
Title: Re: Assume that the lost output due to tax distortions is proportional to the square of the tax rate. If Post by: johnpaul92 on Feb 13, 2016 Appreciate your help, thank you again
Title: Re: Assume that the lost output due to tax distortions is proportional to the square of the tax rate. If Post by: supaman on Feb 14, 2016 Every little bit helps, right? Glad I solved your question
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