« previous next »

Author Question: If a specific tax is implemented A) the firm's average cost curve shifts up, resulting in lower ... (Read 65 times)

CQXA

  • Hero Member
  • *****
  • Posts: 546
on: Jul 1, 2018
If a specific tax is implemented
 
  A) the firm's average cost curve shifts up, resulting in lower profits.
  B) the after-tax marginal cost curve shifts, resulting in lower quantity produced.
  C) there is less profit per unit sold.
  D) All of the above.

Question 2

Which of the following is likely to have the shortest long run?
 
  A) a nail salon
  B) a construction firm
  C) an electric company
  D) a container ship operations company


kbennett34

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

CQXA

  • Hero Member
  • *****
  • Posts: 546
Reply #2 on: Jul 1, 2018
Correct answers!


kbennett34

  • Sr. Member
  • ****
  • Posts: 333
Reply #3 on: Jul 1, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Relaxed ear position of a bored or resting horse. Lower lip is loose, also indicating relaxation. Th Relaxed ear position of a bored or resting horse. Lower lip is loose, also indicating relaxation. Th
Arthrocentesis. The aspiration of fluid is a common treatment for joint injuries resulting in inflam Arthrocentesis. The aspiration of fluid is a common treatment for joint injuries resulting in inflam
Woman (formerly a.k.a. the Venus of Willendorf), Lower Austria. Woman (formerly a.k.a. the Venus of Willendorf), Lower Austria.
Dermatological changes with myxedema can occur behind the eyes or in the lower leg, as shown here. Dermatological changes with myxedema can occur behind the eyes or in the lower leg, as shown here.
Gently squeeze/milk the arm with twisting motion. With oil or lotion on hands, use gentle but firm ... Gently squeeze/milk the arm with twisting motion. With oil or lotion on hands, use gentle but firm ...
Specific amino acid–nucleotide contacts for cI and Cro repressors Specific amino acid–nucleotide contacts for cI and Cro repressors
Video: Introduction to Autism

For a complete list of videos, visit our video library