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Author Question: According to the above figure, if steel mills ignore the cost of pollution, the equilibrium quantity ... (Read 94 times)

Frost2351

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on: Jun 29, 2018
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.


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Loise Hard

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


Frost2351

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

lindahyatt42

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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