Refer to Scenario 14.4. Suppose that a tax is imposed on each unit of the product that John produces. Which curve will shift?

You produce stereo components for sale in two markets, foreign and domestic, and the two groups of consumers cannot trade with one another. If your firm practices third-degree price discrimination to maximize profits, the marginal revenue

A) in the foreign market will equal the marginal cost. B) in the domestic market will equal the marginal cost. C) in the domestic market will equal the marginal revenue in the domestic market. D) all of the above E) none of the above

Temporary Assistance for Needy Families and Supplemental Security Income are

a. cash transfers for income assistance b. cash transfers for social insurance c. in-kind transfers for income assistance d. in-kind transfers for social insurance e. intended to provide health care for the poor