This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Toys for Toddlers, Inc, sells in a perfectly competitive market, with an equilibrium price of 5 . ... (Read 80 times)

ssal

  • Hero Member
  • *****
  • Posts: 572
on: Jun 30, 2018
Toys for Toddlers, Inc, sells in a perfectly competitive market, with an equilibrium price of 5 . Its marginal revenue:
 a. is greater than 5.
  b. is 5.
 c. is less than 5.
 d. is less than zero.

Question 2

The Robin Hood tax policy, which taxes the rich to give to the poor, is best described by economists as:
 a. a proportional tax policy.
  b. a regressive tax policy.
  c. a poll tax policy.
  d. a progressive tax policy.
  e. a capital tax policy.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

JaynaD87

  • Sr. Member
  • ****
  • Posts: 368
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


ssal

  • Member
  • Posts: 572
Reply 2 on: Jun 30, 2018
Wow, this really help

momolu

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

A comparison of gradualism and punctuated equilibrium. A comparison of gradualism and punctuated equilibrium.
Comparison of reactions at equilibrium and steady state Comparison of reactions at equilibrium and steady state
Children may sometimes sort their toys into different categories. Children may sometimes sort their toys into different categories.
A company that sells sweatshirts finds that the profit can be modelled by P(s)= ... A company that sells sweatshirts finds that the profit can be modelled by P(s)= ...
Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ... Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ...
Your company advertises all prices on the menu board as a final price, including HST of 13%. A ... Your company advertises all prices on the menu board as a final price, including HST of 13%. A ...
Video: Hormonal regulation of blood pressure - RAA system

For a complete list of videos, visit our video library