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

Author Question: Which one of the following is based on the idea that the marginal utility of income diminishes as ... (Read 87 times)

s.tung

  • Hero Member
  • *****
  • Posts: 577
on: Jun 30, 2018
Which one of the following is based on the idea that the marginal utility of income diminishes as income increases?
 a. Progressive taxation
  b. Capital controls
  c. Minimum wages
  d. Price controls
  e. Employee compensation regulations

Question 2

The marginal cost curve:
 a. is a vertical line.
 b. generally rises at first and then declines as output expands.
 c. generally falls at first and then rises as output expands.
 d. intersects the average variable cost curve from below at its maximum point.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

softEldritch

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

c


s.tung

  • Member
  • Posts: 577
Reply 2 on: Jun 30, 2018
Wow, this really help

Bigfoot1984

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

A recombination-based map of one of the chromosomes of Drosophila A recombination-based map of one of the chromosomes of Drosophila
Pap smear. Cells of the cervix (shown in the center) change in appearance as they progress through Pap smear. Cells of the cervix (shown in the center) change in appearance as they progress through
Sources of income for U.S. population aged 65 and over. Sources of income for U.S. population aged 65 and over.
Relationship Between Income per Capita and Population Growth Relationship Between Income per Capita and Population Growth
Relationship between Income per Capita and Population Growth Relationship between Income per Capita and Population Growth
The four identity statuses proposed by Marcia, based on Erikson's theory The four identity statuses proposed by Marcia, based on Erikson's theory
Video: Major Elements in Biological Molecules: Proteins

For a complete list of videos, visit our video library