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Author Question: Income tax on the wealthy to finance the welfare for the poor causes income redistribution. This is ... (Read 213 times)

joesmith1212

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on: Jul 1, 2018
Income tax on the wealthy to finance the welfare for the poor causes income redistribution. This is an example for the trade-off
 
  A) Which goods and services to produce.
  B) How to produce.
  C) Who gets the goods and services.
  D) Who produces the goods and services.

Question 2

Sheri is currently purchasing 10 units of a normal good and her indifference curves exhibit diminishing marginal rate of substitution. Suppose there is a decrease in the market price of this good. Then
 
  A) both her utility and her consumer surplus will increase.
  B) her consumer surplus will increase, but her utility will remain the same.
  C) her utility will increase, but her consumer surplus will remain the same.
  D) her consumer surplus will increase, but the change in her utility is unknown without more information.
Microeconomics ¦ Perloff ¦ 8th Edition
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Amiracle

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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.
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joesmith1212

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

Animal_Goddess

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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