Refer to Figure 4-18. The price buyers pay after the tax is

A) $12. B) $8. C) $5. D) $3.


B

Economics

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Ignoring taxes when making redistributive decisions has no impact on equity.

A. True B. False C. Uncertain

Economics

In the Cournot model, if a firm's marginal cost increases, its best-response function will

A) shift inward. B) not change. C) shift outward. D) The shift is ambiguous.

Economics

The ways to address agency costs include all EXCEPT

a. running background checks on prospective employees b. requiring employees to punch time clocks c. spot checks of the quality of employee's work d. providing better coffee machines in the lunch room

Economics

When tax code changes increase saving incentives, the interest rate will _____ and investment will _____

Fill in the blank(s) with correct word

Economics