Marginal revenue is the addition to total revenue resulting from the addition of one unit to total output

Refer to Figure 18-6. If area X = 2,060, area Y = 240, and area Z= 2,700, calculate the Gini coefficient for Syldavia

A) 0.05 B) 0.12 C) 0.46 D) 0.85

An efficient tax system is one that imposes small

a. deadweight losses and administrative burdens. b. marginal rates and deadweight losses. c. administrative burdens and transfers of money. d. marginal rates and transfers of money.