Author Question: The federal corporate income tax is A) unfair. B) progressive. C) proportional. D) ... (Read 114 times)

jessicacav

  • Hero Member
  • *****
  • Posts: 558
The federal corporate income tax is
 
  A) unfair. B) progressive. C) proportional. D) regressive.

Question 2

If a firm in a perfectly competitive industry experiences persistent losses, in the long run it should
 
  A) shut down temporarily and wait for market conditions to change.
  B) continue to operate if it can raise the demand for its product through advertising and quality improvements.
  C) exit the industry.
  D) raise its price to cover average total cost.


guyanai

  • Sr. Member
  • ****
  • Posts: 349
Answer to Question 1

B

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

For a complete list of videos, visit our video library