« previous next »

Author Question: When long-run average cost decreases as output increases, there are definitely I. increasing ... (Read 63 times)

Themember4

  • Hero Member
  • *****
  • Posts: 538
on: Jun 29, 2018
When long-run average cost decreases as output increases, there are definitely I. increasing marginal returns. II. economies of scale.
 
  A) only I
  B) only II
  C) both I and II
  D) neither I nor II

Question 2

Which of the following taxes causes the greatest shift of the Lorenz curve toward the line of equality?
 
  A) proportional income tax
  B) regressive income tax
  C) flat-rate income tax
  D) progressive income tax


parshano

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Transformation and Evolution of a Long-Period Comet Transformation and Evolution of a Long-Period Comet
More young men than women live in their parents’ homes, though the proportion for both decreases ... More young men than women live in their parents’ homes, though the proportion for both decreases ...
The features found in a long bone. The features found in a long bone.
The air flowing into the engine can be directed through long or short runners for best performance ... The air flowing into the engine can be directed through long or short runners for best performance ...
MAP sensors use three wires: 1.5 volt reference from the PCM 2. Sensor signal (output signal) 3. ... MAP sensors use three wires: 1.5 volt reference from the PCM 2. Sensor signal (output signal) 3. ...
The number of phenotypic classes in the F2 generation increases as the number of genes controlling t The number of phenotypic classes in the F2 generation increases as the number of genes controlling t
Video: Male Reproductive System - Testosterone

For a complete list of videos, visit our video library