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Author Question: The above figure shows the market for hamburger. Which panel shows the effect of a new excise tax on ... (Read 231 times)

washai

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on: Jun 29, 2018
The above figure shows the market for hamburger. Which panel shows the effect of a new excise tax on all beef products?
 
  A) Figure A
  B) Figure B
  C) Figure C
  D) Figure D

Question 2

In the figure above, if no one owns the lake, at the equilibrium quantity what is the marginal social cost of producing the pesticide?
 
  A) 80
  B) 40
  C) 60
  D) 30


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SVictor

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

C

Answer to Question 2

A


washai

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

tkempin

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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