: 1- Suppose the annual welfare benefit formula is: Benefit = $9,000-0.67(Wages $3,000) In other words, the maximum benefit that can be received is $9000. There is no marginal tax rate or wages that are $3000 or less. the marginal tax rate on wages above $3000 is 67%. Please answer the following questions. Round your responses to the nearest whole number. No decimals please. a. What is the marginal tax rate on (i) the first $3,000 of wages? (ii) wages above $3,000? b. How large is the benefit if wages equal (i) $0? $ (ii) $2,000? $ (ii) $6,000? $