menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Private and Public Choice Study Set 1
  4. Exam
    Exam 4: Supply and Demand: Applications and Extensions
  5. Question
    If Jayla's Tax Liability Increases from $10,000 to $16,000 When
Solved

If Jayla's Tax Liability Increases from $10,000 to $16,000 When

Question 71

Question 71

Multiple Choice

If Jayla's tax liability increases from $10,000 to $16,000 when her income increases from $30,000 to $40,000, her marginal tax rate is


A) 33 percent.
B) 35 percent.
C) 50 percent.
D) 60 percent.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q66: A law establishing a maximum legal price

Q67: Use the table below to choose the

Q68: Which one of the following will most

Q69: When the price of a good is

Q70: Figure 4-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7348/.jpg" alt="Figure 4-5

Q72: Use the figure below to answer the

Q73: Other things constant, an increase in the

Q74: Both price floors and price ceilings lead

Q75: A deadweight loss results from the imposition

Q76: If drugs such as marijuana and cocaine

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines