Refer to the graph. Which of the lines in the diagram represent(s) a proportional tax?





A.  Both A and B.

B.  D only.

C.  C only.

D.  B only.

C.  C only.

Economics

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The preceding table gives monthly production information for Peter's Peanuts, a firm in a perfectly competitive industry. The market price of peanuts is $2.00 per pound

If a worker costs $800 per month, how many workers will Peter employ to maximize profit? A) zero B) one C) two D) four

Economics

Any terms of trade within the limits set by domestic opportunity costs will be mutually harmful, because each country tries to push the other as close to the limits of the terms of trade as possible

a. True b. False Indicate whether the statement is true or false

Economics