The tables above show the marginal costs and benefits from production of paper. If the efficient level of output is achieved by imposing a tax on paper producers, the government collects tax revenue equal to

Refer to the figure above. What is the equilibrium quantity after the demand curve shifts to D2?

A) 20 units B) 30 units C) 35 units D) 50 units

Intraindustry trade can lead to lower prices and job creation in both the exporting and the importing nation

Indicate whether the statement is true or false