When a unit tax is placed on suppliers _____
a. it will have the same effect as a twice as large excise tax placed on demanders
b. it will have the same effect as a similar unit tax placed on demanders
c. they will be able to shift the entire tax onto their resource suppliers
d. they will be able to force demanders to pay the tax to the government
b
Economics
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An information product typically has
A) high total fixed costs and high marginal costs. B) low total fixed costs and low marginal costs. C) low total fixed costs and high marginal costs. D) high total fixed costs and low marginal costs.
Economics
When an increase in a network's membership increases the product's value to users, there are
a. network externalities. b. economies of scale. c. natural monopolies. d. diminishing costs.
Economics