An external economy occurs when
A) library facilities of a university are open to the general public without charge.
B) wealthy individuals are taxed more heavily to support programs to help poor people.
C) a consumer buys a hamburger and a milkshake.
D) someone attends a regular Academy of Music performance of the Philadelphia Orchestra.
E) people smoke in public facilities.
Correct Answer:
Verified
Q31: An example of an ability-to-pay principle tax
Q32: Which of the following taxes can be
Q33: A childless couple has a taxable income
Q34: If external economies exist in the production
Q35: If the socially optimal level of output
Q37: A significant source of revenue for the
Q38: A basic characteristic of an equitable tax
Q39: The concept that those people who receive
Q40: Two general principles of taxation are the
Q41: If the quantity demanded is relatively sensitive
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents