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Loraine Loraine
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9 years ago
When a tax is imposed on a good or a service, the marginal benefit of the last unit bought ________ the marginal cost of the last unit.
A) is equal to
B) is greater than
C) is less than
D) None of the above answers is correct because there is no consistent relationship between the marginal benefit of the last unit and its marginal cost.
E) is not able to be compared to
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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8 years ago
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Loraine Author
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9 years ago
this is exactly what I needed
spaghetti
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Smart ... Thanks!
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