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Author Question: A teenaged babysitter is similar to a firm in a perfectly competitive industry in that, for both ... (Read 66 times)

vicky

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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
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manuelcastillo

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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.
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vicky

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

lindahyatt42

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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