题目内容

A tax on sales of a good, when compared to the market equilibrium without the tax, will result in a higher price paid by buyers and a higher quantity traded. ( )

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A television signal is an example of a nonrival good. ( )

A benefit of taxes over regulation to internalize externalities is taxes provide incentives to adopt new methods to reduce the externality. ( )

Monopolistic competition is considered by some to be inefficient because price exceeds marginal cost. ( )

Which of the following firms is the closest to being a perfectly competitive firm? ( )

A hot dog vendor in New York.
B. Microsoft Corporation.
C. Ford Motor Company.
D. The campus bookstore.