Author Question: The above figure shows the market for hamburger. Which panel shows the effect of a new excise tax on ... (Read 161 times)

washai · **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