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

Author Question: The government prefers an ad valorem tax to a specific tax that reduces the monopoly output by the ... (Read 93 times)

chandani

  • Hero Member
  • *****
  • Posts: 541
on: Jul 1, 2018
The government prefers an ad valorem tax to a specific tax that reduces the monopoly output by the same amount because
 
  A) consumers are not harmed by the ad valorem tax.
  B) the monopoly prefers the ad valorem tax.
  C) consumers prefer the ad valorem tax.
  D) the ad valorem tax transfers more revenue from the monopoly to the government.

Question 2

If a competitive firm finds that it maximizes short-run profits by shutting down, which of the following must be TRUE?
 
  A) p < AVC for all levels of output.
  B) p < AVC only for the level of output at which p = MC.
  C) p < AVC only if the firm has no fixed costs.
  D) The firm will earn zero profit.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kristenb95

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jul 1, 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.
Answer Preview
Only 29% of students answer this correctly


chandani

  • Hero Member
  • *****
  • Posts: 541
Reply #2 on: Jul 1, 2018
Thank you


kristenb95

  • Sr. Member
  • ****
  • Posts: 318
Reply #3 on: Jul 1, 2018
No problemo


« previous next »
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

What Reduces the Risk of Divorce? What Reduces the Risk of Divorce?
Responses Produced by Activation of Specific Opioid Receptors Responses Produced by Activation of Specific Opioid Receptors
The output on this alternator is printed on a label. The output on this alternator is printed on a label.
Specific Gravity of Selected Materials Specific Gravity of Selected Materials
British Output and Productivity Growth, 1760–1913 British Output and Productivity Growth, 1760–1913
Find the factor demand for labour and the amount of output it will produce. Show all ... Find the factor demand for labour and the amount of output it will produce. Show all ...
Video: First Stage of Labor and Delivery Video

For a complete list of videos, visit our video library