Author Question: You are more likely to hire a plumber to repair a leaky drain pipe a. as the tax rate on your ... (Read 69 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?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

For a complete list of videos, visit our video library