If the amount of taxes paid $(T)$ depends on income $(x)$ , how would you use calculus notation to describe the marginal tax rate? If taxes and income are both measured in dollars per year, what are the units of the marginal tax rate?

Same as units of

T

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Same as units of

x

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Unit - less

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None of these

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Solution

The correct option is C Unit - less
If taxes and income are both measured in dollars per year, then the units of the marginal tax rate will be unit-less.

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If the amount of taxes paid (T) depends on income (x), how would you use calculus notation to describe the marginal tax rate? If taxes and income are both measured in dollars per year, what are the units of the marginal tax rate?

The correct option is C Unit - lessIf taxes and income are both measured in dollars per year, then the units of the marginal tax rate will be unit-less.

If the amount of taxes paid $(T)$ depends on income $(x)$ , how would you use calculus notation to describe the marginal tax rate? If taxes and income are both measured in dollars per year, what are the units of the marginal tax rate?

The correct option is C Unit - less
If taxes and income are both measured in dollars per year, then the units of the marginal tax rate will be unit-less.