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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
Thank you, thank you, thank you!
avance37
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Yesterday
Just got PERFECT on my quiz
homework1
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2 hours ago
This helped my grade so much Perfect
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