In 2018, the highest marginal tax rate was 37%. If Chesney is in the highest earnings bracket, what percent of her total income will she have to pay in taxes?

In the short run, the monopolist should continue to produce whenever

a. price is greater than zero b. price is less than average total cost c. price is greater than average variable cost d. price divided by average total cost exceeds the ratio of marginal cost to average cost at the optimal output e. price is less than average variable cost at the optimal output

Libertarianism identifies a redistribution of income role for government when

a. the utility of the worst-off could be improved. b. the income distribution is altered by illegal means (e.g. theft). c. the total utility for society can be improved through redistribution of income. d. a "veil of ignorance" would result in a recommendation of redistribution of income.