Author Question: The fast-food industry is generally considered to be a constant cost industry in regards to its use ... (Read 48 times)

bcretired

  • Hero Member
  • *****
  • Posts: 525
The fast-food industry is generally considered to be a constant cost industry in regards to its use of labor as an input. Why?
 a. Few people prefer to work in the industry.
 b. Available labor is in short supply.
 c. Firms use a relatively small share of unskilled labor in most cities.
  d. The productivity of the workers is relatively low.

Question 2

Which of the following tax structures helps in reducing income inequality?
 a. Proportional tax structure
  b. Regressive tax structure
  c. Indirect tax structure
  d. Progressive tax structure
  e. A combination of proportional and regressive tax structure.



quynhmickitran

  • Sr. Member
  • ****
  • Posts: 330
Answer to Question 1

c

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

For a complete list of videos, visit our video library