Giving in to the demand of protestors, suppose the French government reduces the tax on gasoline by 15 percent. Neither the demand for gasoline nor the supply of gasoline is perfectly elastic or inelastic

As a result of the tax cut, the price for a gallon of gasoline paid by buyers A) falls by 15 percent.
B) rises by 15 percent.
C) falls by less than 15 percent.
D) rises by less than 15 percent.
E) falls by more than 15 percent.


C

Economics

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Using the data in the above table, what is the marginal product of the second worker?

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What will be an ideal response?

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Economics