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 60 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!

ASDFGJLO

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Comparison of reactions at equilibrium and steady state Comparison of reactions at equilibrium and steady state
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. ...
The price of rice in a small country is currently $6 per pound. In order to help low-income ... The price of rice in a small country is currently $6 per pound. In order to help low-income ...
Your company advertises all prices on the menu board as a final price, including HST of 13%. A ... Your company advertises all prices on the menu board as a final price, including HST of 13%. A ...
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 ...
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Video: baroreceptors

For a complete list of videos, visit our video library