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Dr.Mak suggests that when food is readily available,people tend to overeat rather than show restraint.He also states that humans don't have a good mechanism for determining how much food is "enough" and instead we tend to eat until we are uncomfortable rather than until we eat enough to sustain our immediate needs.Which approach is Dr.Mak's view most consistent with
Marginal Tax Rates
The rate at which an additional dollar of income is taxed, showing the percentage of tax applied to your income for each tax bracket you pass through.
Laffer Curve
A theoretical representation of the relationship between tax rates and government revenue, suggesting there is an optimal tax rate that maximizes revenue.
Tax Revenue
The financial earnings that governments obtain through taxation.
Price Ceiling
A legally imposed limit on the price that can be charged for a good or service.
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