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Author Question: A tax is regressive if the average tax rate A) increases as income increases. B) increases as ... (Read 114 times)

craiczarry

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A tax is regressive if the average tax rate
 
  A) increases as income increases.
  B) increases as income decreases.
  C) is negative.
  D) is less than one.

Question 2

Dustin's copy shop can use four alternative plants. The figure above shows the average total cost curves for Plant 1 (ATC1), Plant 2 (ATC2), Plant 3 (ATC3), and Plant 4 (ATC4).
 
  What is Dustin's long-run average cost if the output is 3,000 copies per day? A) 3.7 cents per copy
  B) 5.0 cents per copy
  C) 8.5 cents per copy
  D) More information is needed to determine the long-run average cost.



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jessicaduplan

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Answer to Question 1

B

Answer to Question 2

A




craiczarry

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Reply 2 on: Jun 29, 2018
:D TYSM


kthug

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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