The above figure shows the U.S. market for wheat. With no international trade, the price of wheat in the United States is ________ per ton. With international trade, the price of wheat in the United States is ________ per ton

In the above figure, to achieve the efficient amount of paper production, the government could impose a tax of

A) $2 per ton. B) $8 per ton. C) $26 per ton. D) zero, because the efficient amount is produced with no government intervention.

As a general rule, the marginal utility derived from consuming a good will be less

a. if less rather than more of the good is consumed b. as more of the good is consumed c. only when total utility is at a maximum d. only when the good is inferior e. when less of another good is consumed