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Author Question: Toys for Toddlers, Inc, sells in a perfectly competitive market, with an equilibrium price of 5 . ... (Read 28 times)

ssal

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on: Jun 30, 2018
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.


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JaynaD87

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


ssal

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

apple

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

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