The Table Given Below Shows the Absolute Tax Amounts Under

question 8

Multiple Choice

The table given below shows the absolute tax amounts under five different tax policies for respective income levels.Table 19.2

-The theory of comparative advantage is based on:

• A)absolute opportunity costs.
• B)relative opportunity costs.
• C)total costs of production.
• D)the number of units produced by a firm.
• E)a comparison of marginal cost with average variable costs.