Author Question: The a firm's short-run cost curves shifts when there is a change in A) technology B) the prices ... (Read 39 times)

lilldybug07 · **on:** Jun 29, 2018

The a firm's short-run cost curves shifts when there is a change in

A) technology
B) the prices of factors of production
C) the quantity of outputs
D) Both answers A and B are correct.

Question 2

In the above figure, to achieve the efficient amount of paper production, the government could impose a tax of

A) 2 per ton.
B) 8 per ton.
C) 26 per ton.
D) zero, because the efficient amount is produced with no government intervention.