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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 216 times)

washai

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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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Answer to Question 1

C

Answer to Question 2

A




washai

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Reply 2 on: Jun 29, 2018
Excellent


ttt030911

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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