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Assume a firm increases its revenue by $100 while increasing its cost of goods sold by $85. How much additional tax will the firm owe
Assume a firm increases its revenue by $100 while increasing its cost of goods sold by $85. How much additional tax will the firm owe if its marginal tax rate is 25%?
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$7.50
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$3.75
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$13.75
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$25.00
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