The impact of higher taxes would be examined by
A) a microeconomist.
B) a macroeconomist.
C) both a macroeconomist and a microeconomist.
D) neither a macroeconomist nor a microeconomist.
Answer: C
Economics
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A monopolist changes price from $1 to $2 and sells 10 fewer units. The marginal revenue is
A) $10. B) -$10. C) $0. D) impossible to determine with the information provided.
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A demand schedule shows the time over which different quantities will be demanded
a. True b. False Indicate whether the statement is true or false
Economics