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goblinko [34]
3 years ago
11

In the absence of market failures, when the government taxes market participants, the effect is to move the market: Group of ans

wer choices away from the competitive equilibrium, thereby enhancing social efficiency. closer to the competitive equilibrium, thereby enhancing social efficiency. closer to the competitive equilibrium, thereby reducing social efficiency. away from the competitive equilibrium, thereby reducing social efficiency.
Business
1 answer:
Minchanka [31]3 years ago
8 0

Answer:

Closer to the competitive equilibrium, thereby reducing social efficiency.

Explanation:

The market is not failed itself, so there is no need of taxes to clear it but to arrange revenue for government taxes some of the luxurious products  the tax shifts supply curve to left and decrease equilibrium quantity which makes the dead weight loss in the market and the quantity get away from the efficient level.

In absence of market failures, when the government taxes market participants, the effect is to move the market :

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The correct answer is A

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3 years ago
Brews 4 U is a local chain of coffee shops. Managers are interested in the costs of the stores and believe that the costs can be
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Answer:

Explanation:

a. In a regression equation expressed as y= a + bx, how is the letter b best described?

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The letter y is the observed store cost for that particular month.

c. How is the letter x in the regression equation best described?

The letter x is the observed customer visit for that particular month.

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3 0
3 years ago
You're prepared to make monthly payments of $400, beginning at the end of this month, into an account that pays 5 percent intere
Gre4nikov [31]

Answer:

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<u>Answer:</u>

<em>Mixed economics places some limits on the safety of society. </em>

<em></em>

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