An unintended effect of a new tax placed on the producers of good A may include
A) a higher price paid by the consumers of good A.
B) less consumers' surplus for the buyers of good A.
C) fewer workers employed in the production of good A.
D) all of the above
D
Economics
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The Aristocrat Corporation has taken out a loan to buy manufacturing equipment. The loan represents ________ for the company
A) an asset B) a liability C) a bond D) equity
Economics
Suppose that a disease that affects people who consume beef has been discovered in the United States. One likely result is:
A. an increase in buyers' reservation prices for beef. B. a decrease in demand for beef. C. a decrease in demand for chicken. D. a decrease in the quantity demanded of beef.
Economics