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Author Question: The rule of 72 is a formulation that allows us to know, in a very quick and simple manner, the ... (Read 60 times)

kfurse

  • Hero Member
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  • Posts: 590
on: Jun 30, 2018
The rule of 72 is a formulation that allows us to know, in a very quick and simple manner, the approximate time it takes to double a number that grows at a constant rate.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If the government wanted a tax to not burden producers much, it would want to tax an industry with
 a. elastic supply and demand curves.
  b. inelastic supply and demand curves.
  c. inelastic supply and elastic demand.
  d. elastic supply and inelastic demand.


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akudia

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

d


kfurse

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

jackie

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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