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kitkat867 kitkat867
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A year ago
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
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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dongdong
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A year ago
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kitkat867 Author
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A year ago
Just got PERFECT on my quiz
Holly72492
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Yesterday
Brilliant ツ
Fleury
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2 hours ago
Good timing, thanks!
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