Which of the Following Is True About an Excise Tariff

question 26

Multiple Choice

Which of the following is true about an excise tariff?

• A) Domestic firms' marginal cost curves are shifted up by the amount of the excise tariff.
• B) Foreign firms' average cost curves are shifted down by the amount of the excise tariff.
• C) Domestic firms' average cost curves are shifted up by the amount of the excise tariff.
• D) Foreign firms' marginal cost curves are shifted up by the amount of the excise tariff.

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