Author Question: Studies have shown links between calcium consumption and a reduction in osteoporosis. How does this ... (Read 47 times)

lbcchick

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Studies have shown links between calcium consumption and a reduction in osteoporosis. How does this affect the market for calcium?
 
  A) The calcium demand curve shifts to the right because of a change in tastes in favor of calcium.
  B) The calcium supply curve shifts to the right because of a change in tastes in favor of calcium.
  C) The calcium supply curve shifts to the left because this new information will increase the price of calcium.
  D) The calcium demand curve shifts to the left because this new information will increase the price of calcium.

Question 2

Compare and contrast the marginal and average tax rates.
 
  What will be an ideal response?


kardosa007

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Answer to Question 1

A

Answer to Question 2

The average tax rate is the total amount of tax you pay divided by total income. The marginal tax rate is the tax rate you pay on any additional income earned.



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