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Author Question: The size of a family or household does not affect the data used to measure income inequality. a. ... (Read 115 times)

c0205847

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on: Jun 30, 2018
The size of a family or household does not affect the data used to measure income inequality.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Graphically, a firm's profit per unit of output can be found by:
 a. the triangle formed under the demand curve.
  b. the rectangle formed under the demand curve at a given price and quantity combination.
  c. the rectangle formed under the average-total-cost curve at a given ATC and quantity combination.
  d. the distance between the demand and average-total-cost curves at any level of output.
  e. the distance between the horizontal axis and the average-total-cost curves at any level of output.


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babybsemail

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

d


c0205847

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

kilada

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Reply 3 on: Yesterday
:D TYSM

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