According to the above figure, if steel mills ignore the cost of ...

[Frost2351]

According to the above figure, if steel mills ignore the cost of pollution, the equilibrium quantity of steel will most likely be
 
  A) Q1.
  B) Q2.
  C) Q2 - Q1.
  D) none of the above.

Question 2

In a progressive income tax system,
 
  A) the marginal tax rate exceeds the average tax rate.
  B) the average tax rate exceeds the marginal tax rate.
  C) high income earners pay a lower percentage of their income in taxes than do low income earners.
  D) the tax rate depends solely on how long an individual has been in the labor force.

[Loise Hard]

Answer to Question 1

A

Answer to Question 2

A

[Frost2351]

Thanks for the timely response, appreciate it

[peter]

Gracias!