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Author Question: A new tax introduced by the government will: a. decrease disposable income. b. increase disposable ... (Read 90 times)

TVarnum

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  • Posts: 548
on: Jun 30, 2018
A new tax introduced by the government will:
 a. decrease disposable income.
 b. increase disposable income.
 c. lead to a reduction in government spending.
  d. lead to an increase in government spending.
  e. have no effect on disposable income.

Question 2

If a firm's average variable cost curve is rising, its marginal cost must exceed its average variable cost.
 a. True
  b. False
  Indicate whether the statement is true or false


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xthemafja

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

a

Answer to Question 2

True


TVarnum

  • Member
  • Posts: 548
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

olderstudent

  • Member
  • Posts: 339
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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