This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following outcomes is NOT a result of a tax imposed on sellers of gasoline? A) ... (Read 71 times)

ericka1

  • Hero Member
  • *****
  • Posts: 544
on: Jun 29, 2018
Which of the following outcomes is NOT a result of a tax imposed on sellers of gasoline?
 
  A) Supply decreases, a deadweight loss is created, and the price rises.
  B) The market becomes less efficient and the government collects the tax revenue.
  C) Demand does not change, the price rises, and consumer surplus decreases.
  D) Demand decreases, the market becomes more efficient, and the price rises.

Question 2

A market structure in which a small number of firms compete is called
 
  A) perfect competition.
  B) monopolistic competition.
  C) oligopoly.
  D) monopoly.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

asdfasdf

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


ericka1

  • Member
  • Posts: 544
Reply 2 on: Jun 29, 2018
Gracias!

tranoy

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

The same star field photographed with (a) a ground-based telescope, which is subject to poor seeing The same star field photographed with (a) a ground-based telescope, which is subject to poor seeing
A gasoline testing kit, including an insulated container where water at 100°F is used to heat a ... A gasoline testing kit, including an insulated container where water at 100°F is used to heat a ...
A gasoline direct-injection system injects fuel under high pressure directly into the combustion ... A gasoline direct-injection system injects fuel under high pressure directly into the combustion ...
A gasoline direct-injection (GDI) fuel rail and pump assembly with the electric pressure control ... A gasoline direct-injection (GDI) fuel rail and pump assembly with the electric pressure control ...
Overview of the major events and outcomes of mitosis and meiosis Overview of the major events and outcomes of mitosis and meiosis
result of DGUC result of DGUC
Video: Resting membrane potential - electrical polarity and maintenance requirements

For a complete list of videos, visit our video library