Refer to the given graph. A movement from a to b along C 1 might be caused by a(n):

When a firm is operating at its minimum efficient scale, its short-run average total cost of production is minimized

a. True b. False

Horizontal equity in taxation refers to the idea that people

a. in unequal conditions should be treated differently. b. in equal conditions should pay equal taxes. c. should be taxed according to their ability to pay. d. should receive government benefits according to how much they have been taxed.