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

Author Question: In the above table, which tax plan is regressive? A) only plan A B) only plan B C) only plan C ... (Read 206 times)

bio_gurl

  • Hero Member
  • *****
  • Posts: 524
In the above table, which tax plan is regressive?
 
  A) only plan A
  B) only plan B
  C) only plan C
  D) both plan A and plan C

Question 2

When the marginal social benefit of Good A is greater than the marginal private benefit of Good A, then
 
  A) competitive, unregulated markets will produce a quantity of Good A that is less than the efficient quantity.
  B) competitive, unregulated markets will produce the quantity of Good A that is equal to the efficient quantity.
  C) competitive, unregulated markets will produce a quantity of Good A that is greater than the efficient quantity.
  D) the government should levy a tax on the production of Good A that is equal to the horizontal distance between the two marginal cost curves.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

karlss

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

C

Answer to Question 2

A




bio_gurl

  • Member
  • Posts: 524
Reply 2 on: Jun 29, 2018
Excellent


cdmart10

  • Member
  • Posts: 332
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

For a complete list of videos, visit our video library