In the above figure, the amount of tax revenue is
A) $2,000.
B) $4,000.
C) $6,000.
D) $8,000.
B
Economics
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On the graph above, movement from point ________ to point ________ might occur if there is a negative demand shock, followed by updating of expected inflation
A) F; G B) H; I C) H; F D) F; H E) none of the above
Economics
The price elasticity of demand for a demand curve that has a zero slope is
A) zero. B) one. C) negative but approaches zero as consumption increases. D) infinity.
Economics