State sales taxes are operated as a system of
A) ad valorem taxation.
B) unit taxation.
C) income taxation.
D) revenue minimizing taxation.
Answer: A
Economics
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An increase in the price of a firm's output increases the firm's demand for labor because the
A) marginal product of each worker increases. B) value of marginal product of each worker increases. C) value of marginal product curve becomes steeper. D) value of marginal product curve becomes flatter.
Economics
The above figures show the market for oranges. Which figure shows the effect of a new technology called "the orange picker," which harvests oranges less expensively than ever before?
A) Figure A B) Figure B C) Figure C D) Figure D
Economics