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 15 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
Gracias!

Liddy

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Geoffroy's tamarin has been considered a subspecies of the similar cottontop tamarin, shown abo Geoffroy's tamarin has been considered a subspecies of the similar cottontop tamarin, shown abo
Competitive inhibition Competitive inhibition
Morotopithecus is the earliest fossil ape to show postcranial adaptations similar to those of the li Morotopithecus is the earliest fossil ape to show postcranial adaptations similar to those of the li
Greet a First-Time Client With a Firm Handshake. Greet a First-Time Client With a Firm Handshake.
Management Information Systems: Managing the Digital Firm, 15th Edition Management Information Systems: Managing the Digital Firm, 15th Edition
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 ...
Video: Carbohydrate digestion - mouth and stomach & pancreas and small intestine

For a complete list of videos, visit our video library