The tax burden falls more heavily on the side of the market that is more inelastic

When you chose to buy the second cup of coffee instead of the third bagel, which of the following is necessarily CORRECT?

A) The second coffee will give you higher marginal utility. B) The second coffee is cheaper than the third bagel. C) The marginal utility per dollar from the third bagel is less than the marginal utility per dollar from the second coffee. D) Both answers A and C are correct.

Diseconomies of scale are associated with: a. a downward sloping long-run average total cost curve. b. an upward sloping long-run average total cost curve. c. a horizontal long-run average total cost curve

d. a vertical long-run average total cost curve.