Strategic foresight is the ability to make decisions today that are rational based on: a. incorrect information about the past b. our best information about what will happen in the future c. information that we have only about our own behavior in the past d. complete uncertainty about the future e. what we know only about behavior in the past

In the market for widgets, the supply curve is the typical upward-sloping straight line, and the demand curve is the typical downward-sloping straight line. the equilibrium quantity in the market for widgets is 250 per month when there is no tax. then a tax of $6 per widget is imposed. as a result, the government is able to raise $750 per month in tax revenue. we can conclude that the after-tax quantity of widgets has fallen by a. 25 per month. b. 50 per month. c. 75 per month. d. 100 per month.