Author Question: Disposable income equals personal income minus net taxes. a. True b. False Indicate whether the ... (Read 119 times)

tfester · **on:** Jun 30, 2018

Disposable income equals personal income minus net taxes.
a. True
b. False
Indicate whether the statement is true or false

Question 2

To maximize profit, a monopsonist hires workers up to the point at which marginal factor cost (MFC) equals marginal revenue product (MRP).
a. True
b. False
Indicate whether the statement is true or false