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 12 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
Thanks for the timely response, appreciate it

xiaomengxian

  • Member
  • Posts: 311
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Diagram of the general anatomy of a male cat Diagram of the general anatomy of a male cat
China’s 8% annual increase in oil consumption China’s 8% annual increase in oil consumption
GENERAL PRINCIPLES OF CELL COMMUNICATION GENERAL PRINCIPLES OF CELL COMMUNICATION
true story true story
Body Part, Method of Examination, and Equipment Used During the General Physical Examination Cont Body Part, Method of Examination, and Equipment Used During the General Physical Examination Cont
General Features of Connective Tissue General Features of Connective Tissue
Video: Structures that affect circulation - arterioles and vasomotor responses and venous return

For a complete list of videos, visit our video library