A monopolist must produce a good for which there are no close substitutes.

Which of the following statements is false? An economic analysis of carbon taxes can:

A. predict the effect on unemployment in West Virginia coal mining communities. B. conclude that such taxes should be imposed to benefit future generations. C. present a trade-off of the costs and benefits of different levels of carbon taxes. D. calculate the increase in costs faced by coal-using industries. compare the likely reductions in medical expenditures on diseases caused by smog.

The most common form of business organization in the United States is the sole proprietorship

a. True b. False