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Author Question: The presence of ________ creates a difference in the value between the market price and the factor ... (Read 84 times)

haleyc112

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on: Jun 29, 2018
The presence of ________ creates a difference in the value between the market price and the factor cost of a product.
 
  A) indirect taxes and consumption
  B) subsidies and direct taxes
  C) corporate profits and subsidies
  D) indirect taxes and subsidies

Question 2

The tables above show the labor market and the production function schedule for the country of Pickett. Potential GDP is ________.
 
  A) 40 trillion
  B) 9 trillion
  C) 14 trillion
  D) 25 trillion


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Sophiapenny

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


haleyc112

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

Dominic

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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