The cost of producing one more unit of a good or service that is paid by the producer
A) has to be equal to the benefit that the consumer derives from that good.
B) is equal to the cost borne by people other than the producer.
C) is the marginal private cost.
D) is the marginal external cost.
C
Economics
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When corporate income taxes are increased on competitive industries, the increase _____
a. will have the largest effect on firms with elastic demands b. will have the largest effect on firms with inelastic demands c. will be evenly distributed between stockholders and customers d. will have zero effect
Economics
Use the above figure. A leftward shift of the supply curve, ceteris paribus, would result in
A) euro depreciation. B) dollar appreciation. C) dollar depreciation. D) increasing the equilibrium quantity of euros.
Economics