The deadweight loss due to a ________ is always smaller than the deadweight loss due to a ________
A) tax on each unit sold; per unit tax on each unit bought
B) per unit tax on each unit sold; per unit tax on each unit bought
C) tax on each unit sold; lump-sum tax
D) lump-sum tax; tax on each unit bought
D
Economics
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When the selling price of a good goes up, what is the relationship to the quantity supplied?
a) the cost of production goes down b) The profit made on each item goes down c) It becomes practical to produce more goods d) There is no relationship between the two
Economics
In the eighteenth century, the rise of manufacturing in New England helped the region attract more settlers than the other regions of the English colonies
Indicate whether the statement is true or false
Economics