This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A condition necessary for a country to achieve economic growth is A) high tax rates so the ... (Read 115 times)

sabina

  • Hero Member
  • *****
  • Posts: 563
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joanwhite

  • Sr. Member
  • ****
  • Posts: 308
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


sabina

  • Hero Member
  • *****
  • Posts: 563
Reply #2 on: Jun 29, 2018
Correct answers!


joanwhite

  • Sr. Member
  • ****
  • Posts: 308
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Bivalve shells have growth rings. Bivalve shells have growth rings.
Metabolic rates of animals that differ in size. Metabolic rates of animals that differ in size.
Effect of increasing temperature or lowering deltGo+ on the rates of reactions Effect of increasing temperature or lowering deltGo+ on the rates of reactions
Growth of World Trade, 1870–2010 Growth of World Trade, 1870–2010
economic question economic question
Plant growth with and without fungus (comparison) Plant growth with and without fungus (comparison)
Video: Hierarchical Sequencing Method - Sequence Tagged Sites

For a complete list of videos, visit our video library