The imposition of all taxes, except a Pigouvian tax, leads to ________
A) an increase in consumer surplus
B) an increase in producer surplus
C) a fall in the price of the good
D) a loss in total welfare
D
Economics
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Total product is maximized where
A) average product is maximized. B) marginal product is maximized. C) average product is equal to 0. D) marginal product is equal to 0.
Economics
When demand curves shift to the left, buyers become less sensitive to price increases because they consume fewer of these goods
Indicate whether the statement is true or false
Economics