Country A's tax system is more efficient than Country B's tax system if
a. Country A collects less tax revenue than Country B, and the cost to taxpayers is the same in both countries.
b. Country A collects more tax revenue than Country B, even though the cost to taxpayers is greater in Country A than in Country B.
c. the same amount of revenue is raised in both countries, but the cost to taxpayers is smaller in Country A than in Country B.
d. the same amount of revenue is raised in both countries, but the taxes are collected in a shorter amount of time in Country A than in Country B.
c
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Microsoft is accused of which anti-competitive practice?
a. interlocking directorates b. illegal "bundling" of products c. exclusive contracts d. predatory pricing
The consumer's optimum is where
a. MUx/MUy = Py/Px. b. MUx/Py = MUy/Px. c. MUx/MUy = Px/Py. d. None of the above is correct.