This topic contains a solution. Click here to go to the answer

Author Question: Toys for Toddlers, Inc, sells in a perfectly competitive market, with an equilibrium price of 5 . ... (Read 104 times)

ssal

  • Hero Member
  • *****
  • Posts: 572
Toys for Toddlers, Inc, sells in a perfectly competitive market, with an equilibrium price of 5 . Its marginal revenue:
 a. is greater than 5.
  b. is 5.
 c. is less than 5.
 d. is less than zero.

Question 2

The Robin Hood tax policy, which taxes the rich to give to the poor, is best described by economists as:
 a. a proportional tax policy.
  b. a regressive tax policy.
  c. a poll tax policy.
  d. a progressive tax policy.
  e. a capital tax policy.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

JaynaD87

  • Sr. Member
  • ****
  • Posts: 368
Answer to Question 1

b

Answer to Question 2

d




ssal

  • Member
  • Posts: 572
Reply 2 on: Jun 30, 2018
Gracias!


dawsa925

  • Member
  • Posts: 326
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

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

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

For a complete list of videos, visit our video library