Author Question: When the economy moves from point A to B in the above table, the opportunity cost of a computer in ... (Read 51 times)

shenderson6 · **on:** Jun 29, 2018

When the economy moves from point A to B in the above table, the opportunity cost of a computer in terms of televisions is

A) 10.
B) 2.5.
C) 2.
D) 0.5.

Question 2

Refer to the above figures. Which panel represents the expected relationship between tax revenue and the sales tax rate if dynamic tax analysis is used?

A) Panel 1
B) Panel 2
C) Panel 3
D) Panel 4