Policymakers who wish to discourage businesses that pollute by taxing them:
A. forget that businesses will pass the entire tax onto consumers of their products.
B. should place a tax on consumers instead of the producers in order to increase the burden on sellers.
C. should place a tax on producers instead of the consumers in order to increase the burden on sellers.
D. forget that some of the tax burden will be shared by consumers.
D. forget that some of the tax burden will be shared by consumers.
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A. Hot investment B. Quick sale C. Hot money D. Wasteful investment
From 2008 to 2012 both U.S. saving and U.S. investment fell
a. True b. False Indicate whether the statement is true or false
(Last Word) In 2004, Congress passed a corporate tax relief bill with 276 provisions for tax breaks to groups such as restaurant owners, Hollywood producers, and NASCAR track owners. This is an example of the
What will be an ideal response?
A monopolistically competitive firm maximizes profit in the short run by producing where
A) price is less than marginal cost. B) price is less than marginal revenue. C) price is less than average revenue. D) price is greater than marginal cost.