This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When a unit tax is placed on suppliers they are generally able to _____. a. lobby to get the tax ... (Read 76 times)

CharlieWard

  • Hero Member
  • *****
  • Posts: 578
on: Jul 1, 2018
When a unit tax is placed on suppliers they are generally able to _____.
 
  a. lobby to get the tax repealed
  b. shift the tax payment to the demanders
  c. shift part of the tax burden to the demanders in the form of a secondary tax
   d. shift part of the tax burden to the demanders in the form of a higher price

Question 2

Which of the following statements about profit maximizing firms in a competitive market is FALSE?
 
  A) Firms earn no economic profit in the long run.
  B) Marginal revenue does not have to equal marginal cost.
  C) p - MC = 0.
  D) Price equals marginal revenue.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

softEldritch

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

B


CharlieWard

  • Hero Member
  • *****
  • Posts: 578
Reply #2 on: Jul 1, 2018
Correct answers!


softEldritch

  • Sr. Member
  • ****
  • Posts: 334
Reply #3 on: Jul 1, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Controlled cold compression unit. Controlled cold compression unit.
How is this worker trying to avoid becoming a depersonalized unit in a bureaucratic-economic ... How is this worker trying to avoid becoming a depersonalized unit in a bureaucratic-economic ...
The unit on top of this Subaru that looks like a radiator is the intercooler, which cools the air ... The unit on top of this Subaru that looks like a radiator is the intercooler, which cools the air ...
50-Unit Insulin Syringe 50-Unit Insulin Syringe
Which of the following is not a unit factor related to a 15.0% aqueous solution Which of the following is not a unit factor related to a 15.0% aqueous solution
form unit form unit
Video: Subunits of DNA And Semi Conservative Replication

For a complete list of videos, visit our video library