Question: there is a difference between average tax rate and marginal tax rate. We learned so far from this course there is average rate of change

there is a difference between average tax rate and marginal tax rate. We learned so far from this course there is average rate of change (AROC) and instantaneous rate of change (IROC). Use the knowledge you learned from your discipline (business admin/accounting), try at your best to explain what are the two tax rates (average and marginal)

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