Author Question: You are more likely to hire a plumber to repair a leaky drain pipe a. as the tax rate on your ... (Read 31 times)

Caiter2013

  • Hero Member
  • *****
  • Posts: 607
You are more likely to hire a plumber to repair a leaky drain pipe
 a. as the tax rate on your earned income rises
  b. if you already own the specialized tools required to complete the plumbing repair work
  c. following an increase in the opportunity cost of your time
  d. the more knowledge and experience in plumbing repair work that you possess
  e. as the transaction cost of entering into a plumbing contract increases due to government regulations

Question 2

Household production is more likely to occur when
 a. it requires many specialized resources
  b. technology makes it easier than market production
  c. tax avoidance is undesirable
  d. less control over the final product is desirable
  e. the opportunity cost of household production is high



steff9894

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

For a complete list of videos, visit our video library