Corrective taxes
a. encourage consumers to avoid sales taxes by shopping online.
b. are frequently used to discourage imports.
c. are less efficient than direct regulation.
d. give factory owners an economic incentive to reduce pollution.
d
Economics
You might also like to view...
The figure above shows a production possibilities frontier. In the figure, which of the following combinations of the two goods are efficient?
A) 4 million cell phones and 4 million DVDs B) 2 million cell phones and 13 million DVDs C) 5 million cell phones and 15 million DVDs D) no cell phones and 15 million DVDs E) None of these combinations is efficient.
Economics
Refer to Figure 4-4. What is the value of the deadweight loss at the equilibrium price of $15?
A) $0 B) $40 C) $60 D) $100
Economics