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Author Question: If a tax is imposed on buyers in a market in which supply is perfectly inelastic, the A) buyers ... (Read 137 times)

saraeharris

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on: Jun 29, 2018
If a tax is imposed on buyers in a market in which supply is perfectly inelastic, the
 
  A) buyers pay the entire tax.
  B) sellers pay the entire tax.
  C) buyers and the sellers both pay a portion of the tax.
  D) neither the buyers nor the sellers pay the tax.

Question 2

Giuseppe's Pizza is a perfectly competitive firm. The firm's costs are shown in the table above. If the market price is 20, what is Giuseppe's profit-maximizing output?
 
  A) 2 pizzas per hour
  B) 3 pizzas per hour
  C) 4 pizzas per hour
  D) 0 pizzas per hour
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Jossy

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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saraeharris

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

kswal303

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

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