Author Question: Refer to Figure 15-12. Assume the firm maximizes its profits. What is the amount of consumer ... (Read 95 times)

sheilaspns

  • Hero Member
  • *****
  • Posts: 567
Refer to Figure 15-12. Assume the firm maximizes its profits. What is the amount of consumer surplus?
 
  A) 21 B) 124 C) 186 D) 332

Question 2

At the state and local levels in the United States, the largest source of tax revenue is
 
  A) grants from the federal government. B) property tax on real estate.
  C) sales tax. D) individual income taxes.


kaillie

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

C

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

For a complete list of videos, visit our video library