« previous next »

Author Question: If a specific tax is implemented A) the firm's average cost curve shifts up, resulting in lower ... (Read 68 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?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Bell Curve Joke Bell Curve Joke
A spark plug thread chaser is a low-cost tool that hopefully will not be used often, but is ... A spark plug thread chaser is a low-cost tool that hopefully will not be used often, but is ...
Aspirin acetylates a specific serine residue Aspirin acetylates a specific serine residue
Average Number of Days per Year with Thunderstorms Average Number of Days per Year with Thunderstorms
The Upper (A) and Lower (B) Respiratory Tracts (1 of 2) The Upper (A) and Lower (B) Respiratory Tracts (1 of 2)
The slope of the curve y = ax^3 - bx^2 + cx - 3 at x = 2 is 5. If the point of inflection of the cur The slope of the curve y = ax^3 - bx^2 + cx - 3 at x = 2 is 5. If the point of inflection of the cur
Video: Protein Structure - Primary, Secondary, Tertiary and Quaternary

For a complete list of videos, visit our video library