This topic contains a solution. Click here to go to the answer

Author Question: The effects of a per-unit tax imposed on sales of an industry's product would likely include A) a ... (Read 108 times)

anshika

  • Hero Member
  • *****
  • Posts: 510
The effects of a per-unit tax imposed on sales of an industry's product would likely include
 
  A) a lower product price at any amount of the product supplied.
  B) a leftward shift of the market supply curve for the product.
  C) a leftward movement along the market supply curve for the product.
  D) none of the above.

Question 2

Trading off capital goods for increasing amounts of consumer goods today will most likely result in
 
  A) increased long-term growth.
  B) decreased long-term growth.
  C) decreased prices in consumer goods.
  D) increases in the quantity of consumer goods.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

randomguy133

  • Sr. Member
  • ****
  • Posts: 310
Answer to Question 1

B

Answer to Question 2

B




anshika

  • Member
  • Posts: 510
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


bigsis44

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

For a complete list of videos, visit our video library