The primary source of revenue for local governments is the property tax
a. True
b. False
A
Economics
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Education is subsidized because it generates beneficial externalities.
Answer the following statement true (T) or false (F)
Economics
Figure 8-4
In Figure 8-4 at output level 2,
A. MR > MC. B. the slope of the total profit curve is negative. C. there are negative profits. D. marginal revenue is rising compared to output.
Economics