Author Question: The combined Social Security tax rate was _____ up to incomes of _____. a. 15.3 percent; 87,000 ... (Read 26 times)

Charlie

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The combined Social Security tax rate was _____ up to incomes of _____.
 
  a. 15.3 percent; 87,000
  b. 14.2 percent; 91,000
  c. 11.7 percent; 83,500
   d. 12.8 percent; 88,000

Question 2

If the isoquants are straight lines or L-shaped, then a cost-minimizing firm will
 
  A) not be able to minimize costs.
  B) find the lowest isocost line touching the relevant isoquant.
  C) find the highest isocost line touching the relevant isoquant.
  D) choose not to produce any output.



l.stuut

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Answer to Question 1

a

Answer to Question 2

B



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