An optimal corrective tax _____
a. falls as quantity produced increases
b. is above the marginal external product
c. is a lump sum tax
d. helps to increase demand for the taxed product
d
Economics
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Which of the following statements is true of the Industrial Revolution?
A) It was a gradual process. B) It started in the capital goods industry. C) It was a period of rapid disruption. D) It started in the United States.
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What is an oligopoly?
What will be an ideal response?
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