Systemic Corporation faces the following tax schedule on its income:

Taxable income Tax rate $ 0 $ 50,000 15% $ 50,001 $ 75,000 25% $ 75,001 $100,000 34% $100,001 $335,000 39%

If Systemic Corporation has taxable income of $96,000 then the firm's marginal tax rate is _____.

Question 2Select one:a.

25%

b.

15%

c.

39%

d.

34%

e.

> 39%

Clear my choice