The imposition of all taxes, except a Pigouvian tax, leads to ________
A) an increase in consumer surplus
B) an increase in producer surplus
C) a fall in the price of the good
D) a loss in total welfare
D
Economics
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________ is generated from taxing profits earned by firms
A) Excise tax B) Sales tax C) Corporate income tax D) Payroll tax
Economics
Differentiate between the four market structures on the basis of the type of products sold
What will be an ideal response?
Economics
If a retail food chain merged with a meat packing company, this would be an example of a
A) horizontal merger. B) conglomerate merger. C) vertical merger. D) diagonal merger.
Economics
Which of the following would most likely tell an economist if a policy is efficient?
a. positive analysis b. normative analysis c. subjective analysis d. correlation analysis
Economics