This topic contains a solution. Click here to go to the answer

Author Question: The above figure shows the market for neckties after the government has imposed a tax. How much ... (Read 73 times)

Tazate

  • Hero Member
  • *****
  • Posts: 532
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
Answer to Question 1

D

Answer to Question 2

A





 

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

For a complete list of videos, visit our video library