« previous next »

Author Question: Refer to Figure 9.6. Including the consumers' expected tax burden, the total change in welfare from ... (Read 50 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?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Compression ratio is the ratio of the total cylinder volume (when the piston is at the bottom of ... Compression ratio is the ratio of the total cylinder volume (when the piston is at the bottom of ...
Change in air temperature at various air flow rates for a 2 pass operation Change in air temperature at various air flow rates for a 2 pass operation
Figure-8s at the knuckles of the hand. Figure-8s at the knuckles of the hand.
Climate change is an important vector for human diseases Climate change is an important vector for human diseases
Expected Distribution of IQ Scores Expected Distribution of IQ Scores
A single-nucleotide change in the DNA encoding -globin A single-nucleotide change in the DNA encoding -globin
Video: Global warming and its effect on climate change

For a complete list of videos, visit our video library