Author Question: The size of a family or household does not affect the data used to measure income inequality. a. ... (Read 113 times)

c0205847 · **on:** Jun 30, 2018

The size of a family or household does not affect the data used to measure income inequality.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Graphically, a firm's profit per unit of output can be found by:
a. the triangle formed under the demand curve.
b. the rectangle formed under the demand curve at a given price and quantity combination.
c. the rectangle formed under the average-total-cost curve at a given ATC and quantity combination.
d. the distance between the demand and average-total-cost curves at any level of output.
e. the distance between the horizontal axis and the average-total-cost curves at any level of output.