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

Author Question: The above figure shows the market for neckties after the government has imposed a tax. How much ... (Read 194 times)

Tazate

  • Hero Member
  • *****
  • Posts: 532
on: Jun 29, 2018
The above figure shows the market for neckties after the government has imposed a tax. How much deadweight loss results from this tax?
 
  A) 250.00
  B) 200.00
  C) 150.00
  D) 50.00

Question 2

Which of the following is FALSE for a profit-maximizing single-price monopolist?
 
  A) P = MC
  B) MC = MR
  C) P > MR
  D) None of the above because they are all true.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

maya.nigrin17@yahoo.com

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


Tazate

  • Hero Member
  • *****
  • Posts: 532
Reply #2 on: Jun 29, 2018
Thank you :)


maya.nigrin17@yahoo.com

  • Sr. Member
  • ****
  • Posts: 324
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Many types of edible fungi are grown for the market. Many types of edible fungi are grown for the market.
A nurse shows empathy to a client. A nurse shows empathy to a client.
The end of a typical line wrench, which shows that it is capable of grasping most of the head of ... The end of a typical line wrench, which shows that it is capable of grasping most of the head of ...
Some ignition coils are electrically connected, called married (top figure), whereas others use ... Some ignition coils are electrically connected, called married (top figure), whereas others use ...
Which of the above illustrations shows an acidic aqueous solution Which of the above illustrations shows an acidic aqueous solution
What is the total resistance of the circuit in Figure 1? 150 What is the total resistance of the circuit in Figure 1? 150
Video: Pneumonia Animation

For a complete list of videos, visit our video library