Refer to the scenario above. Which of the following shifts will increase the total cost?
A) Shift from apartment Close to Far
B) Shift from apartment Far to Very Far
C) Shift from apartment Very Close to Close
D) Shift from apartment Very Far to Extremely Far
D
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A linear income tax schedule is known as
A. a flat income tax. B. a regressive tax. C. a Haig-Simons tax. D. a user fee.
If the MPC = 0.80, the government purchases multiplier is
A) 2. B) 4. C) 5. D) 8.
The Decentralized System Structure and Its Philosophy
What will be an ideal response?
Antitrust laws have economic benefits that outweigh the costs if they
a. prevent mergers that would decrease competition and lower the costs of production. b. prevent mergers that would decrease competition and raise the costs of production. c. allow mergers that would decrease competition and raise the costs of production. d. None of the above is correct because antitrust laws never have economic benefits that outweigh the costs.