A public good that would benefit Karen,Tammy,and Max has a one-time installation cost of $900.These three voters must approve any tax plan by a simple majority and all three will cast a vote.
-Refer to the information above.If the government proposes a head tax of $300,the relationship between the percentage of income paid in taxes and the voters' reservation prices is

Question

A public good that would benefit Karen,Tammy,and Max has a one-time installation cost of $900.These three voters must approve any tax plan by a simple majority and all three will cast a vote. 
-Refer to the information above.If the government proposes a head tax of $300,the relationship between the percentage of income paid in taxes and the voters' reservation prices is

Quizplus · Accepted Answer

A head tax is a fixed amount paid by everyone, regardless of income. As income increases, the percentage of income paid in taxes decreases, creating a negative relationship.

A Public Good That Would Benefit Karen,Tammy,and Max Has a One-Time