Disposable income equals personal income minus net taxes. a. ...

[tfester]

Disposable income equals personal income minus net taxes.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

To maximize profit, a monopsonist hires workers up to the point at which marginal factor cost (MFC) equals marginal revenue product (MRP).
 a. True
  b. False
  Indicate whether the statement is true or false

[Viet Thy]

Answer to Question 1

False

Answer to Question 2

True

[tfester]

TYSM

[alvinum]

Thanks for the timely response, appreciate it