5. Understanding marginal and average tax rates Consider the economy of Cocoland, where citizens consume only coconuts. Assume that coconuts are priced at $1 each. The government has devised the following tax plans: Plan A Consumption up to 1,000 coconuts is taxed at 10% Consumption higher than 1,000 coconuts is taxed at 55% Plan Consumption up to 2,000 coconuts is taxed at 40% Consumption higher than 2,000 coconuts is taxed at 25% Use the Plan A and Plan B tax schemes to complete the following table by deriving tila marginal and average tax rates under each tax plan at the consumption levels of 400 coconuts, 1,800 coconuts, and 3,000 coconuts, respectively, Consumption Level Plan A Plan B (Quantity of coconuts) Marginal Tax Rate Average Tax Rate Marginal Tax Rate Average Tax Rate (Percent) (Percent) (Percent) (Percent) 400 1,800 3,000 Complete the following table by indicating whether each plan is a progressive tax system, a proportional tax system, ora regressive tax system, Progressive Proportional Regressive Plan A Plan B