A tax on buyers decreases the quantity of the good sold in the market
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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For a competitive firm, the marginal revenue product is:
A. always positive and nears zero as quantity increases. B. always negative and nears zero as quantity increases. C. zero when profits are maximized. D. decreasing eventually as quantity increases.
Economics
An increase in the money wage rate shifts the short-run aggregate supply curve...
What will be an ideal response?
Economics