The figure above shows the market for the chemical hydrogen sulfide, the production of which creates an external cost. The government imposes the pollution tax shown in the figure. How much tax revenue does the government collect?
A) 640 million
B) 320 million
C) 240 million
D) more than 640 million
E) zero, because the government has taxed the firms out of business.
Question 2
A price floor is the ________.
A) maximum willingness to pay for a good
B) minimum price that a seller accepts for a good
C) lower limit on the price of a good
D) upper limit on the price of a good
Primary production is positively correlated with the evapotranspiration rate.
The Chemical Structure of DNA DNA is composed of nucleotide pairs.
Mobilize joints of the feet and ankle. Apply scissoring to metatarsals and figure-8s to toes. Dorsi- ...
Alcoholic fermentation Chemical Equation
Products like Beano contain enzymes that help reduce the production of gas in the large intestine
Figure and Ground