Author Question: Public goods have to be produced by the public sector. a. True b. ... (Read 93 times)

burchfield96

  • Hero Member
  • *****
  • Posts: 610
Public goods have to be produced by the public sector.
 
  a. True b. False

Question 2

The above figure shows a competitive firm's demand for labor assuming that the firm's output sells for 1 per unit. If the wage is 5 per hour, a 2 percent cut in all the workers' income tax will cause the firm to
 
  A) demand less labor.
  B) demand more labor.
  C) raise the wage paid to the worker.
  D) None of above.


Awesome

  • Sr. Member
  • ****
  • Posts: 280
Answer to Question 1

b

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

burchfield96

  • Hero Member
  • *****
  • Posts: 610

Awesome

  • Sr. Member
  • ****
  • Posts: 280

 

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

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?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

For a complete list of videos, visit our video library