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

Author Question: As illustrated in the textbook, the government can further increase the support price of a commodity ... (Read 13 times)

dalyningkenk

  • Hero Member
  • *****
  • Posts: 598
on: Jul 1, 2018
As illustrated in the textbook, the government can further increase the support price of a commodity by purchasing excess supplies and using a:
 
  A) production quota.
  B) consumption tax.
  C) excess profits tax.
  D) minimum wage.

Question 2

What is a reference point?
 
  A) the value of a good on the black market
  B) the point from which an individual makes a consumption decision
  C) a subjective valuation of a good
  D) the minimum price that an individual would sell a good that she currently owns
  E) none of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lcapri7

  • Sr. Member
  • ****
  • Posts: 350
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

B


dalyningkenk

  • Hero Member
  • *****
  • Posts: 598
Reply #2 on: Jul 1, 2018
Thank you :)


lcapri7

  • Sr. Member
  • ****
  • Posts: 350
Reply #3 on: Jul 1, 2018
Happy to help you


« previous next »
 

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

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.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Young adults increase in self-esteem between the ages of 18 and 25, according to this longitudinal s Young adults increase in self-esteem between the ages of 18 and 25, according to this longitudinal s
Ethnic Differences in Financial Support for College Based on a sample of 304 emerging adults aged 2 Ethnic Differences in Financial Support for College Based on a sample of 304 emerging adults aged 2
This chart shows the various lines of responsibility and how they differ in presidential and parliam This chart shows the various lines of responsibility and how they differ in presidential and parliam
A poster encourages women to work in munitions to support the war effort. A poster encourages women to work in munitions to support the war effort.
The constitutional division of Powers Between the National Government and the States The constitutional division of Powers Between the National Government and the States
Video: Immune responses Animation

For a complete list of videos, visit our video library