Which of the following is NOT a type of discrimination investigated by the EEOC?

Perfectly competitive markets are efficient because

A) they always reach equilibrium. B) firms in the market are price takers. C) the cost to society for producing the goods is exactly equal to the value that society places on the good. D) the long run equilibrium assures that the prices of resources will not increase.

What are the problems encountered in any strict application of benefits-received and ability-to-pay principles of taxation?

What will be an ideal response?