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Author Question: There are more poor whites than poor blacks in the U.S. Indicate whether the statement is true or ... (Read 55 times)

mpobi80

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on: Jul 1, 2018
There are more poor whites than poor blacks in the U.S.
 
  Indicate whether the statement is true or false

Question 2

A construction company builds roads with machinery (capital, K) and labor (L).
 
  If we plot the isoquants for the production function so that labor is on the horizontal axis, then a point on the isoquant with a small MRTS (in absolute value) is associated with high ________ use and low ________ use. A) labor, capital
  B) capital, labor
  C) concrete, gravel
  D) none of the above


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ghepp

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Reply #1 on: Jul 1, 2018
Answer to Question 1

T

Answer to Question 2

A


mpobi80

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Reply 2 on: Jul 1, 2018
:D TYSM

bulacsom

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Reply 3 on: Yesterday
Excellent

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