Consider the same market for nonalcoholic beer as in the previous question. How many "units" of beer will Cudweiser produce?

The U.S. legal system mainly engages in activities that

A) are dedicated to producing private goods. B) focus on income redistribution. C) involve defining and protecting property rights. D) focus on producing public goods.

How is the burden of a tax divided? (i) When the tax is levied on the sellers, the sellers bear a higher proportion of the tax burden. (ii) When the tax is levied on the buyers, the buyers bear a higher proportion of the tax burden. (iii) Regardless of whether the tax is levied on the buyers or the sellers, the buyers and sellers bear an equal proportion of the tax burden. (iv) Regardless of

whether the tax is levied on the buyers or the sellers, the buyers and sellers bear some proportion of the tax burden. a. (i) and (ii) only b. (iv) only c. (i), (ii), and (iii) only d. (i), (ii), and (iv) only