Multiple Choice
Suppose that a firm has to pay a 10% tax on its total revenue.This has the effect of ?
A) flattening marginal cost.
B) increasing marginal revenue.
C) decreasing marginal cost.
D) decreasing marginal revenue.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: Suppose that a firm has to pay
Q2: If an unregulated electric company is a
Q3: If a firm is a price taker,its
Q5: A firm's marginal revenue is defined as<br>A)the
Q6: It is usually assumed that a perfectly
Q7: In order to maximize profits,a firm should
Q8: If a firm wished to maximize total
Q9: Suppose a farmer is a price taker
Q10: Suppose a farmer is a price taker
Q11: If an unregulated electric company is a