Author Question: The use of a property tax to fund public schools is an example of _____. a. the benefit principle ... (Read 90 times)

stock

  • Hero Member
  • *****
  • Posts: 573
The use of a property tax to fund public schools is an example of _____.
 
  a. the benefit principle at work
  b. the ability-to-pay principle at work
  c. a compromise between the benefit and ability-to-pay principles
   d. the Ramsey rule at work

Question 2

Describe the relationship between marginal productivity and average productivity. Use calculus or a graph to support your answer.
 
  What will be an ideal response?


sarajane1989

  • Sr. Member
  • ****
  • Posts: 296
Answer to Question 1

c

Answer to Question 2

AP = Q(L)/L. dAP/dL = (L  MP - Q) /L2 = (MP - AP)/L. Thus, if MP = AP, AP is constant.
If MP > AP, AP will rise. If MP < AP, AP will fall.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

For a complete list of videos, visit our video library