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

Author Question: The only way that consumption can be taxed is through a general sales tax. a. True b. ... (Read 82 times)

serike

  • Hero Member
  • *****
  • Posts: 542
on: Jul 1, 2018
The only way that consumption can be taxed is through a general sales tax.
 
  a. True b. False

Question 2

At the XYZ Co, a unit of capital costs 3 times as much as a unit of labor. If the isoquants are convex, and the firm does not change its input mix in the long run, we can conclude that
 
  A) MPK = 3  MPL.
  B) the firm will not hire any capital.
  C) the firm will hire 3 times as much labor as capital.
  D) the firm will hire 3 times as much capital as labor.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

memslove

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

A


serike

  • Member
  • Posts: 542
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

amandalm

  • Member
  • Posts: 306
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

The nurse can make observations about the patient's general appearance while talking with the p The nurse can make observations about the patient's general appearance while talking with the p
TrUe....FaLsE TrUe....FaLsE
A general hospital A general hospital
General Biology Vector Icon General Biology Vector Icon
Comparison of energy consumption in developing and industrialized nations Comparison of energy consumption in developing and industrialized nations
General mechanism of egg formation in animals General mechanism of egg formation in animals
Video: Double Vacuum Process (Illustration No Audio)

For a complete list of videos, visit our video library