The above table shows the marginal benefit from submarines for the only two citizens of a country. Suppose submarines cost 175 a piece. Politician A proposes 2 submarines while politician B proposes 4.
Assuming that both Bobby and Katie pay one half of the resulting taxes and neither is rationally ignorant, which politician will win the election? A) A because she offers voters a lower tax bill.
B) A because she offers voters a greater net benefit.
C) B because she offers voters a greater total benefit.
D) B because she offers voters more submarines.
Question 2
Cindy's Sweaters' production function is shown in the above table. What is the marginal product of labor when the 4th worker is hired?
A) 4 sweaters per day
B) 2 sweaters per day
C) 20 sweaters per day
D) 5 sweaters per day
Table of Ionic Charges
Country of Birth of Authorized U.S. Immigrants
GDP per Capita by Country Group, 1820–2008
ANOVA Table
Letter Frequency Table
An inventory record sheet shows a balance on hand of 972. During the month units sold were 111, ...