ses$/221754/$quitres$/371574/$take

Brady Industries has average variable costs of $$1$ and average total costs of $$3$ when it proc firm's total fixed costs equal

$$1,000.$

$$2,000.$

$$2.$

$$4.$

Questi$$n $6$

The deadweight loss from a tax per unit of good will be smallest in a market with

elastic supply and elastic demand.

inelastic supply and clastic demand.

inelastic supply and inelastic demand.

elastic supply and inelastic demand.

Question $7$

The Social Security tax is a tax on