Corrective taxes
a. encourage consumers to avoid sales taxes by shopping online.
b. are frequently used to discourage imports.
c. are less efficient than direct regulation.
d. give factory owners an economic incentive to reduce pollution.
d
You might also like to view...
In neoclassical growth theory, technological progress is the key to continuous growth in labor productivity
Indicate whether the statement is true or false
When economic profits are negative, accounting profits
A) must be positive. B) will be negative. C) will equal zero. D) could be positive, negative or zero.
In general, less productive workers are paid less than more productive workers
a. True b. False Indicate whether the statement is true or false
Refer to the information provided in Figure 8.9 below to answer the question(s) that follow. 
Figure 8.9
Refer to Figure 8.9. At the market price of $18 per bale, if this farmer produces the profit-maximizing level of hay, the total revenue would be
A. $1,200. B. $2,800. C. $5,600. D. $6,300.