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Author Question: Canned milk was only rationed to babies and small children during World War II. This rationing was ... (Read 78 times)

tnt_battle

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Canned milk was only rationed to babies and small children during World War II. This rationing was an example of allocation by
 
  A) market price.
  B) first-come, first-served.
  C) sharing equally.
  D) force.
  E) personal characteristics.

Question 2

Proponents of cuts in income tax rates argue that when income tax rates are cut, workers have an incentive to increase their work hours. This argument is based on the assumption that
 
  A) workers are irrational.
  B) workers make decisions based on the marginal benefit of each hour worked compared to the marginal cost of work.
  C) the opportunity cost of working is negative.
  D) the marginal cost of each additional work hour is not important to most workers.
  E) workers make decisions based on the social interest.


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Juro

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tnt_battle

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


xthemafja

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Reply 3 on: Yesterday
Excellent

 

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