This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A leftward shift in supply could be caused by: a. an improvement in productive technology. b. a ... (Read 86 times)

dbose

  • Hero Member
  • *****
  • Posts: 597
on: Jun 30, 2018
A leftward shift in supply could be caused by:
 a. an improvement in productive technology.
  b. a decrease in income.
 c. some firms leaving the industry.
 d. a fall in the price of inputs to the industry.

Question 2

Which of the following changes in taxes would lead to the greatest increase in consumption?
 a. a 20,000 decrease in taxes, if MPC equals 0.5
  b. a 12,000 decrease in taxes, if MPC equals 0.75
  c. a 15,000 decrease in taxes, if MPC equals 0.6
  d. a 30,000 decrease in taxes, if MPC equals 0.25


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yotaSR5

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

a


dbose

  • Member
  • Posts: 597
Reply 2 on: Jun 30, 2018
:D TYSM

mochi09

  • Member
  • Posts: 335
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

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

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Dust Technology Dust Technology
Technology Gives Us Options with Different Environmental Consequences Technology Gives Us Options with Different Environmental Consequences
Throughout history, technology has had an impact on families. Today is no exception. Throughout history, technology has had an impact on families. Today is no exception.
A thermostat stuck in the open position caused the engine to operate too cold. The vehicle failed ... A thermostat stuck in the open position caused the engine to operate too cold. The vehicle failed ...
How to horizontally shift a sinusoidal function (y=a*sin⁡b(x−c)+d) How to horizontally shift a sinusoidal function (y=a*sin⁡b(x−c)+d)
Crown gall disease caused by Agrobacterium via plant transformation Crown gall disease caused by Agrobacterium via plant transformation
Video: Oral Hygiene & Braces Animation

For a complete list of videos, visit our video library