If the inverse demand curve a monopoly faces is p = 100 - 2Q, MC is constant at 16, and the government imposes an $8 per unit specific tax on the monopoly, the deadweight loss solely due to the tax is

A) $88.
B) $152.
C) $361.
D) $441.

A

Economics

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If Stock A and Stock B both increase in value at the same time, they are

A) negatively correlated. B) uncorrelated. C) positively correlated. D) certain bets.

Economics

According to Prebisch and other ISI theoreticians, countries should begin to shift their comparative advantage away from primary commodity production by first producing

A) industrial goods such as pumps and generators. B) complex consumer goods such as autos and appliances. C) simple consumer goods such as food products and textiles. D) minerals and agricultural products.

Economics