A tax can always be found and implemented that will correct a cause of an external effect

Indicate whether the statement is true or false

F It may be difficult to tax the cause of an external effect, as in the case of highway congestion when a fuel tax may not have effect at the time congestion exists.

Economics

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When deciding whether to buy a second car, marginal analysis indicates that the purchaser should compare the:

a. benefits expected from two cars with the cost of both. b. additional benefits expected from a second car with the cost of the two cars. c. dollar cost of the two cars with the potential income that the cars will generate. d. additional benefits of the second car with the additional cost of the second car.

Economics

When U.S. companies hire workers in India to staff their customer service call centers, they are engaging in

A) predatory pricing. B) unfair trade practices. C) outsourcing. D) labor engagement.

Economics