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Author Question: A lump-sum tax is a(n) ________. A) progressive tax B) regressive tax C) proportional tax D) ... (Read 90 times)

hbsimmons88

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  • Posts: 526
on: Jun 29, 2018
A lump-sum tax is a(n) ________.
 
  A) progressive tax
  B) regressive tax
  C) proportional tax
  D) ordinal tax

Question 2

If the market in the figure above is a profit-maximizing single-price monopoly, the producer surplus is the area ________.
 
  A) ABH
  B) BFGH
  C) ACG
  D) BDEH
  E) ACE


frogdreck123456

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


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