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

Author Question: Refer to above figure in which negative externality existed. The government imposes a 1.00 pollution ... (Read 100 times)

james

  • Hero Member
  • *****
  • Posts: 573
on: Jun 29, 2018
Refer to above figure in which negative externality existed. The government imposes a 1.00 pollution tax on the producer. Supply shifts leftward.
 
  A) This tax will be shifted entirely to the consumer.
  B) This tax will be borne entirely by the producer.
  C) The amount of the tax shifted to the consumer depends on the consumer's reaction.
  D) The tax will be divided into equal amounts between consumer and producer.

Question 2

A graphical representation which shows the trade-off that occurs when more of one output is obtained at the sacrifice of another is called
 
  A) a Laffer Curve.
  B) a production possibilities curve.
  C) a bell curve.
  D) a supply curve.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ktidd

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


james

  • Member
  • Posts: 573
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

kswal303

  • Member
  • Posts: 316
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Mutations caused by air pollution. Mutations caused by air pollution.
Myopia (nearsightedness). In the uncorrected top figure, the image comes into focus in front of the Myopia (nearsightedness). In the uncorrected top figure, the image comes into focus in front of the
Attributed to the Manner of Peleus Painter, Red-figure calyx-krater. Attributed to the Manner of Peleus Painter, Red-figure calyx-krater.
A Negative Afterimage A Negative Afterimage
Figure-8s on the toes mobilize joints of the foot. Figure-8s on the toes mobilize joints of the foot.
Organic approaches and the reduction of inputs and pollution Organic approaches and the reduction of inputs and pollution
Video: Introduction to Insulin

For a complete list of videos, visit our video library