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Author Question: A condition necessary for a country to achieve economic growth is A) high tax rates so the ... (Read 61 times)

sabina

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on: Jun 29, 2018
A condition necessary for a country to achieve economic growth is
 
  A) high tax rates so the government can purchase a lot of capital equipment.
  B) strict environmental regulations.
  C) economic freedom.
  D) government control of the banking system.
  E) democracy.

Question 2

Using the figure above, which of the following statements is (are) correct?
 
  i. MR = MC when 3 haircuts are produced.
  ii. If the firm charges each customer the same price for a haircut, the price of a haircut is 42.
  iii. The firm's MC equals 30.
  A) i only
  B) ii only
  C) i and ii
  D) i and iii
  E) None of the above is correct.


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joanwhite

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


sabina

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Reply #2 on: Jun 29, 2018
Correct answers!


joanwhite

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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