The utilitarianism, Rawlsian, and benefits-received arguments all favor a ________ tax system

An open outcry auction is an auction where ________

A) bids are placed privately B) public goods are sold C) bidders know about each other's bids D) free goods are distributed among the general public

The above figure shows the demand and cost curves facing a monopoly. Maximum profit equals

A) $0. B) $100. C) $1,000. D) $2,500.