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

Author Question: A teenaged babysitter is similar to a firm in a perfectly competitive industry in that, for both ... (Read 78 times)

vicky

  • Hero Member
  • *****
  • Posts: 586
on: Jun 29, 2018
A teenaged babysitter is similar to a firm in a perfectly competitive industry in that, for both
 
  A) average costs of production do not change when their industry expands.
  B) fixed costs are lower than variable costs.
  C) there are many other suppliers of similar goods or services.
  D) the implicit costs of production exceed the explicit costs of production.

Question 2

According to the benefits-received principle of taxation
 
  A) people in the same economic situation should bear an equal share of the tax burden.
  B) the benefits of government programs such as national defense are shared equally by all people; therefore, the burden of paying for these programs should be shared equally.
  C) because high-income individuals receive the most benefits from government programs, they should pay more taxes than lower-income individuals.
  D) individuals who receive the benefits from a government program should pay the taxes that support the program.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

manuelcastillo

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


vicky

  • Member
  • Posts: 586
Reply 2 on: Jun 29, 2018
:D TYSM

coreycathey

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Dissimilar organisms with similar approaches to desert living. Dissimilar organisms with similar approaches to desert living.
Competitive drug enzyme immunoassay. Competitive drug enzyme immunoassay.
Basic two-handed kneading. Tissues are lifted with the whole hand in firm contact. Basic two-handed kneading. Tissues are lifted with the whole hand in firm contact.
Project Management: Achieving Competitive Advantage Project Management: Achieving Competitive Advantage
Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ... Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ...
The Oil Industry: BOEM iron triangle The Oil Industry: BOEM iron triangle
Video: Introduction to Diabetes

For a complete list of videos, visit our video library