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Marilyn,Ed's daughter who would otherwise qualify as his dependent,filed a joint return with her husband Henry.Ed,who had AGI of $150,000,incurred the following expenses: Ed has a medical expense deduction of:
Marginal Revenue
The supplementary financial gain obtained through the sale of one more unit of a good or service.
Profit
The financial gain obtained when the amount earned from a business activity exceeds the expenses, costs, and taxes.
Marginal Revenue
The profit increment a business achieves through the sale of one extra unit of its offerings.
Macaws
Large, brightly colored parrots with long tails and powerful beaks, native to Central and South America.
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