« previous next »

Author Question: The federal corporate income tax is A) unfair. B) progressive. C) proportional. D) ... (Read 131 times)

jessicacav

  • Hero Member
  • *****
  • Posts: 558
on: Jun 29, 2018
The federal corporate income tax is
 
  A) unfair. B) progressive. C) proportional. D) regressive.

Question 2

If a firm in a perfectly competitive industry experiences persistent losses, in the long run it should
 
  A) shut down temporarily and wait for market conditions to change.
  B) continue to operate if it can raise the demand for its product through advertising and quality improvements.
  C) exit the industry.
  D) raise its price to cover average total cost.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


guyanai

  • Sr. Member
  • ****
  • Posts: 349
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Race-Ethnicity and Income Extremes Race-Ethnicity and Income Extremes
The Inverted Income Pyramid: The Proportion of Income Received by Each Fifth of the U.S. Population The Inverted Income Pyramid: The Proportion of Income Received by Each Fifth of the U.S. Population
Household Income in the United States by Quintiles, 2009 Household Income in the United States by Quintiles, 2009
How an Increase in Income Inequality Affects the Desired Tax Rate How an Increase in Income Inequality Affects the Desired Tax Rate
Health and Income per Capita: Two Views Health and Income per Capita: Two Views
Infant mortality by income quintile, urban Canada, 1996 Infant mortality by income quintile, urban Canada, 1996
Video: Febrile Seizure

For a complete list of videos, visit our video library