« previous next »

Author Question: The concept of progressive, proportional, and regressive taxation is positive in nature. a. True ... (Read 203 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
on: Jul 1, 2018
The concept of progressive, proportional, and regressive taxation is positive in nature.
 
  a. True b. False

Question 2

Suppose the production of mp3 players can be represented by the following production function: q = L0.4K0.4. Which of the following statements is TRUE?
 
  A) The production function has decreasing returns to scale.
  B) The production function has increasing returns to scale.
  C) The production function has constant returns to scale.
  D) Returns to scale vary with the level of output.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


popopong

  • Sr. Member
  • ****
  • Posts: 307
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

The human body produces and destroys 15 million blood cells every second.

A true albino squirrel. Note the pink eyes. A true albino squirrel. Note the pink eyes.
Frederic Edwin Church conveyed the romantic sensibility in Twilight in the Wilderness (1860). The cl Frederic Edwin Church conveyed the romantic sensibility in Twilight in the Wilderness (1860). The cl
The bacterial cell wall: (a) gram-positive bacterium; (b) gram-negative bacterium. The bacterial cell wall: (a) gram-positive bacterium; (b) gram-negative bacterium.
The cell wall of a Gram-positive bacterium, S. aureus The cell wall of a Gram-positive bacterium, S. aureus
The Nature of Environmental Science: A fireman battles with a forest fire The Nature of Environmental Science: A fireman battles with a forest fire
Kindergarten nature drawing Kindergarten nature drawing
Video: Non-specific disease resistance mechanisms & Skin's defense barriers

For a complete list of videos, visit our video library