Answers

ZK

Answered

Which of the following is not likely to be considered a trade secret?

A) Famous cookbook recipes
B) Chemical formulas
C) Computer software
D) Detailed customer lists

On May 07, 2024


A
ZK

Answered

Refer to Scenario 12-1. Suppose the government levies a tax of $6 on each bottle of beer, and the equilibrium price of a bottle of beer increases to $20. Because total consumer surplus has

A) fallen by more than the tax revenue, the tax has a deadweight loss.
B) fallen by less than the tax revenue, the tax has no deadweight loss.
C) fallen by exactly the amount of the tax revenue, the tax has no deadweight loss.
D) increased by less than the tax revenue, the tax has a deadweight loss.

On May 04, 2024


A