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

Author Question: Toys for Toddlers, Inc, sells in a perfectly competitive market, with an equilibrium price of 5 . ... (Read 74 times)

ssal

  • Hero Member
  • *****
  • Posts: 572
on: Jun 30, 2018
Toys for Toddlers, Inc, sells in a perfectly competitive market, with an equilibrium price of 5 . Its marginal revenue:
 a. is greater than 5.
  b. is 5.
 c. is less than 5.
 d. is less than zero.

Question 2

The Robin Hood tax policy, which taxes the rich to give to the poor, is best described by economists as:
 a. a proportional tax policy.
  b. a regressive tax policy.
  c. a poll tax policy.
  d. a progressive tax policy.
  e. a capital tax policy.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

JaynaD87

  • Sr. Member
  • ****
  • Posts: 368
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

d


ssal

  • Member
  • Posts: 572
Reply 2 on: Jun 30, 2018
Gracias!

EAN94

  • Member
  • Posts: 307
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Norway lobsters on sale at a Spanish market Norway lobsters on sale at a Spanish market
Vapour-liquid equilibrium acetone + water Vapour-liquid equilibrium acetone + water
A slave market in Marrakesh, Morocco. This lithograph is from the 1800s. A slave market in Marrakesh, Morocco. This lithograph is from the 1800s.
A 2.8-kg tool can move on a perfectly smooth ramp that slants at 42° above the horizontal. ... A 2.8-kg tool can move on a perfectly smooth ramp that slants at 42° above the horizontal. ...
An 80-g aluminum calorimeter contains 380 g of water at an equilibrium temperature of A piece ... An 80-g aluminum calorimeter contains 380 g of water at an equilibrium temperature of A piece ...
The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ... The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ...
Video: The primary factors that affect circulation - MABP, CO and SVR

For a complete list of videos, visit our video library