In the above figure, what is the quantity of workers that would be hired by a monopsonist?

Refer to Scenario 12.1 At the assumed annual inflation rate of 5 percent, approximately how much will the $6.00 pack of cigarettes cost in 10 years, when Jennifer reaches the age of 35?

A) $8 B) $10 C) $16 D) $23

How are the rich able to shield large amounts of their income from sales tax while the poor typically cannot?

What will be an ideal response?