« previous next »

Author Question: Of age, marital status, family size, education, and race, which is the single biggest factor ... (Read 40 times)

rmenurse

  • Hero Member
  • *****
  • Posts: 513
on: Jun 29, 2018
Of age, marital status, family size, education, and race, which is the single biggest factor affecting the household income distribution?
 
  What will be an ideal response?

Question 2

If an average cost pricing rule is imposed on the natural monopoly shown in the figure above, then consumer surplus will be
 
  A) 0.
  B) 8 million.
  C) 9 million.
  D) 16 million.


jharrington11

  • Sr. Member
  • ****
  • Posts: 365
Reply #1 on: Jun 29, 2018
Answer to Question 1

The single most important factor affecting the distribution of income is education, with more highly educated people earning significantly more than less-educated people.

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Adults in late adulthood may need to adapt to a new environment as they age and their health status Adults in late adulthood may need to adapt to a new environment as they age and their health status
Elisabetta Sirani, The Holy Family with a Kneeling Monastic Saint. Elisabetta Sirani, The Holy Family with a Kneeling Monastic Saint.
Nikolai Buglaj, "Race"ing Sideways. Nikolai Buglaj, "Race"ing Sideways.
Race/Ethnicity and HIV/AIDS Race/Ethnicity and HIV/AIDS
A single cylinder is shown at the top and a four-cylinder engine at the bottom. A single cylinder is shown at the top and a four-cylinder engine at the bottom.
Evolution of the vertebrate SR gene family Evolution of the vertebrate SR gene family
Video: Medullary osmotic gradient: countercurrent multiplier, urea recycling & vasa recta countercurrent exchange

For a complete list of videos, visit our video library