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If the marginal tax rate exceeds the average tax rate, the tax would be
Boxes
Containers typically made of cardboard or plastic, used for storing, packaging, or transporting goods.
Pareto Efficient
A situation where it is impossible to reallocate resources to make one individual better off without making at least one other individual worse off.
Aggregate Profits
The total profit earned by all firms in the economy over a specific period.
Better Off
A state or condition in which an individual or group is in a more favorable or advantageous position than before.
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