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Author Question: The above figure shows the marginal private cost curve, marginal social cost curve, and marginal ... (Read 193 times)

Mr3Hunna

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on: Jun 29, 2018
The above figure shows the marginal private cost curve, marginal social cost curve, and marginal social benefit curve for raising goats on a common pasture.
 
  A quota to prevent the overuse of the common pasture sets the number of goats to be raised equal to ________. A) 0 goats
  B) 40 goats
  C) 50 goats
  D) 55 goats

Question 2

The federal income tax in the United States is
 
  A) regressive.
  B) proportional.
  C) progressive.
  D) a flat-rate tax.


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coreycathey

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

B

Answer to Question 2

C


Mr3Hunna

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

tranoy

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

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