Use the above figure. The total profit earned by the monopolistically competitive firm is

Refer to Table 20.1. George is a single taxpayer with an income of $65,000. What is George's marginal tax rate?

A) 19% B) 27% C) 38% D) 57%

The point where the sum of the external and decision-making costs is minimized is _____

a. unanimity b. Pareto efficient c. simple majority rule d. the optimal collective decision rule