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Author Question: In the above table, which tax plan is regressive? A) only plan A B) only plan B C) only plan C ... (Read 207 times)

bio_gurl

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on: Jun 29, 2018
In the above table, which tax plan is regressive?
 
  A) only plan A
  B) only plan B
  C) only plan C
  D) both plan A and plan C

Question 2

When the marginal social benefit of Good A is greater than the marginal private benefit of Good A, then
 
  A) competitive, unregulated markets will produce a quantity of Good A that is less than the efficient quantity.
  B) competitive, unregulated markets will produce the quantity of Good A that is equal to the efficient quantity.
  C) competitive, unregulated markets will produce a quantity of Good A that is greater than the efficient quantity.
  D) the government should levy a tax on the production of Good A that is equal to the horizontal distance between the two marginal cost curves.


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karlss

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

C

Answer to Question 2

A


bio_gurl

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

kjohnson

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Reply 3 on: Yesterday
:D TYSM

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