« previous next »

Author Question: Refer to Figure 9.6. Including the consumers' expected tax burden, the total change in welfare from ... (Read 39 times)

NguyenJ

  • Hero Member
  • *****
  • Posts: 516
on: Jul 1, 2018
Refer to Figure 9.6. Including the consumers' expected tax burden, the total change in welfare from this policy is
 
  A) -6000.
  B) -5250.
  C) -4500.
  D) 4500.
  E) 5250.

Question 2

A learning curve may be expressed as a relationship between the labor per unit (L) and the cumulative number of units produced (N).
 
  Which of the following learning curves exhibits a faster reduction in cost of production due to learning, (1 ) L = 10 + N-1 or (2 ) L = 10 + N-0.5? A) Learning curve (1 )
  B) Learning curve (2 )
  C) Curves (1 ) and (2 ) exhibit the same rate.
  D) We cannot determine the rate of cost reduction without knowing the value of N.


coreycathey

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Change in Drawing Abilities from Early to Middle Childhood Drawings become more realistic as fine m Change in Drawing Abilities from Early to Middle Childhood Drawings become more realistic as fine m
Ugonachomma display figure, Igbo, Nigeria. Ugonachomma display figure, Igbo, Nigeria.
Recent Climate Change Recent Climate Change
Climate Change: Timescale decades to centuries Climate Change: Timescale decades to centuries
(left) Urine sample from an unaffected person does not change color upon exposure to air. (right) Ur (left) Urine sample from an unaffected person does not change color upon exposure to air. (right) Ur
Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ... Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ...
Video: ATPase function - membrane transport, contractile proteins and synthesis

For a complete list of videos, visit our video library