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Author Question: Paul's Plumbing is a small business that employs 12 people. Which of the following is most likely to ... (Read 122 times)

cartlidgeashley

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on: Jun 30, 2018
Paul's Plumbing is a small business that employs 12 people. Which of the following is most likely to be a fixed cost for Paul's Plumbing?
 a. The tax and insurance payments on the property owned by the firm.
  b. The wages paid to the 12 employees.
  c. The payroll taxes on the wages of the 12 employees.
  d. The salary paid to Paul, who is the manager of the firm.

Question 2

The aggregate supply curve of an economy:
 a. is a downward-sloping straight line.
 b. is an upward-sloping curve.
 c. is a vertical line parallel to the price axis.
 d. is a horizontal line parallel to the output axis.
  e. is a ray from the origin.


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Smiles0805

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

a

Answer to Question 2

b


cartlidgeashley

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Reply #2 on: Jun 30, 2018
Thank you


Smiles0805

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Reply #3 on: Jun 30, 2018
No problemo


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