« previous next »

Author Question: The use of a property tax to fund public schools is an example of _____. a. the benefit principle ... (Read 82 times)

stock

  • Hero Member
  • *****
  • Posts: 573
on: Jul 1, 2018
The use of a property tax to fund public schools is an example of _____.
 
  a. the benefit principle at work
  b. the ability-to-pay principle at work
  c. a compromise between the benefit and ability-to-pay principles
   d. the Ramsey rule at work

Question 2

Describe the relationship between marginal productivity and average productivity. Use calculus or a graph to support your answer.
 
  What will be an ideal response?
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


sarajane1989

  • Sr. Member
  • ****
  • Posts: 296
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

AP = Q(L)/L. dAP/dL = (L  MP - Q) /L2 = (MP - AP)/L. Thus, if MP = AP, AP is constant.
If MP > AP, AP will rise. If MP < AP, AP will fall.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Feral Rock Pigeons are common pests in public spaces in cities Feral Rock Pigeons are common pests in public spaces in cities
Is the principle of cause and effect unfounded? Is the principle of cause and effect unfounded?
Gestalt Principle: Proximity Gestalt Principle: Proximity
Gestalt Principle: Closure Gestalt Principle: Closure
A(n) _____ is a spur-of-the-moment question. Fill in the blank(s) with correct word A(n) _____ is a spur-of-the-moment question. Fill in the blank(s) with correct word
Physics - Archimedes Principle Physics - Archimedes Principle
Video: Polymerase chain reaction PCR - Animation

For a complete list of videos, visit our video library