If the price is $100 per tone and the government raises the royalties from $10 per tonne to $20 per tonne,then the marginal revenue of mining company is likely to:
A) decrease from $90 to $80 per tonne.
B) remain unchanged.
C) increase from $80 to $90 per tonne.
D) increase from $100 to $110 per tonne.
Correct Answer:
Verified
Q14: Which of the following statements is true?
A)When
Q15: Which of the following statements is true?
A)A
Q16: The Minerals Resource Rent Tax is best
Q17: The super profits tax was:
A)announced, discussed and
Q18: The royalties:
A)reduce the output.
B)increase the incentive for
Q20: One of the reasons for introduction of
Q21: The replacement of a per-tonne royalty with
Q22: An increase in royalty may decrease output
Q23: An increase in the resources super profits
Q24: One of the criticisms of the super
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