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If demand is price inelastic,then when price rises,total revenue
Tax Base
The total amount of assets or income that can be taxed by a government, providing a source of revenue.
Marginal Tax Rate
The percentage at which the last dollar of income is taxed, indicating how much tax will be paid on an additional dollar of income.
Total Income
The sum of all earnings or revenue generated by an individual or organization before any deductions.
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