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chomtong chomtong
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7 years ago
Which of the following illustrates the principle of second best?
A) The government imposes taxes on gasoline and the tax revenue collected is used to pay for road repair.
B) A tax imposed on land, because this tax distorts economic decisions less than taxes on other factors of production.
C) The government imposes a tax on a paper manufacturer that equals the cost of cleaning the river damaged by the waste discharged into the river by the paper manufacturer.
D) The government decides to impose taxes on all grains, rather than imposing a tax only on wheat.
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Akshtsaklani21Akshtsaklani21
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7 years ago
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chomtong Author
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7 years ago
Thanks
fxinternational
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Yesterday
You make an excellent tutor!
Natalie Price
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2 hours ago
Helped a lot
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