Suppose that the government imposes a business licence fee of $100 on all firms. Profit-maximizing firms that stay in business will respond to this tax by
A: raising prices to pay the tax
B: cutting output to reduce costs
C: lowering prices to stimulate sales
D: doing nothing
A: raising prices to pay the tax
B: cutting output to reduce costs
C: lowering prices to stimulate sales
D: doing nothing
举一反三
- Suppose that the government imposes a business licence fee of $100 on all firms. Profit-maximizing firms that stay in business will respond to this tax by A: raising prices to pay the tax. B: cutting output to reduce costs. C: lowering prices to stimulate sales. D: doing nothing.
- 中国大学MOOC: Suppose that the government imposes a business licence fee of $100 on all firms. Profit-maximizing firms that stay in business will respond to this tax by
- A business is registered for sales tax. The sales tax rate is 20%.Sales (including sales tax) for the period are $37,200 and purchases (excluding sales tax) are $19,600.What is the balance on the sales tax control account? A: $3,920 B: $6,200 C: $3,760 D: $2,280
- In perfect collusion， the firms are producing the joint profit-maximizing output。（ ）
- For many financial firms, the best way to improve all aspects of their business is to __________.