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Author Question: Which of the following is true for a constant cost industry? a. It uses a relatively large share of ... (Read 49 times)

waynest

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on: Jun 30, 2018
Which of the following is true for a constant cost industry?
 a. It uses a relatively large share of available resource inputs.
 b. It uses a relatively small share of available resource inputs.
 c. Industry expansion will put upward pressure on wages and/or other input prices.
  d. Both a. and c.

Question 2

Which of the following are most likely to be in poverty?
 a. Families headed by a male
 b. White males
 c. Disabled people
 d. Married couples
 e. People with a college degree


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pallen55

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

b

Answer to Question 2

c


waynest

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

adammoses97

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

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