Wealthy families wanting finer homes and nicer vacations exemplify

Refer to the table below. Julia's opportunity cost of making a pie is: Time to Make a PieTime to Make a CakeMartha60 minutes80 minutesJulia50 minutes60 minutes

A. 60 cakes B. 6/5 of a cake C. 5/6 of a cake D. 6 cakes

A per unit tax or percentage tax on a good or service that must be paid by consumers of that good is

A. a subsidy. B. a gift tax. C. taxation without representation. D. an excise tax.