Author Question: Graphically, the presence of an external cost that is ignored by producers can be shown as A) a ... (Read 72 times)

appyboo · **on:** Jun 29, 2018

Graphically, the presence of an external cost that is ignored by producers can be shown as

A) a market supply curve to the left of the market supply curve for where the producers have to pay for the external cost.
B) a market supply curve to the right of the market supply curve for which the producers have to pay for the external cost.
C) a market supply curve the same as the market supply curve for which the producers have to pay for the external cost.
D) the absence of a market supply curve.

Question 2

The tax that brings in the most revenue in the United States is the

A) capital gains tax.
B) corporate income tax.
C) Social Security tax.
D) personal income tax.