This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following outcomes is NOT a result of a tax imposed on sellers of gasoline? A) ... (Read 84 times)

ericka1

  • Hero Member
  • *****
  • Posts: 544
on: Jun 29, 2018
Which of the following outcomes is NOT a result of a tax imposed on sellers of gasoline?
 
  A) Supply decreases, a deadweight loss is created, and the price rises.
  B) The market becomes less efficient and the government collects the tax revenue.
  C) Demand does not change, the price rises, and consumer surplus decreases.
  D) Demand decreases, the market becomes more efficient, and the price rises.

Question 2

A market structure in which a small number of firms compete is called
 
  A) perfect competition.
  B) monopolistic competition.
  C) oligopoly.
  D) monopoly.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

asdfasdf

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


ericka1

  • Member
  • Posts: 544
Reply 2 on: Jun 29, 2018
Wow, this really help

robbielu01

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Guttation, the result of root pressure. Guttation, the result of root pressure.
Sickle cell anemia. The clinical manifestations of sickle cell anemia result from pathologic changes Sickle cell anemia. The clinical manifestations of sickle cell anemia result from pathologic changes
SDS PAGE Result SDS PAGE Result
A container with gasoline containing alcohol. Notice the separation line where the alcohol-water ... A container with gasoline containing alcohol. Notice the separation line where the alcohol-water ...
Many gasoline service stations have signs posted warning customers to place plastic fuel containers ... Many gasoline service stations have signs posted warning customers to place plastic fuel containers ...
This red gasoline container holds about 30 gallons of gasoline and is used to fill vehicles used ... This red gasoline container holds about 30 gallons of gasoline and is used to fill vehicles used ...
Video: How a Urinalysis is Performed

For a complete list of videos, visit our video library