This topic contains a solution. Click here to go to the answer

Author Question: In 2003, the Social Security tax was around _____ of total federal taxes. a. 17 percent b. 26 ... (Read 63 times)

debasdf

  • Hero Member
  • *****
  • Posts: 570
In 2003, the Social Security tax was around _____ of total federal taxes.
 
  a. 17 percent
  b. 26 percent
  c. 31 percent
   d. 39 percent

Question 2

If a monopolist's production process has economies of scale and average cost exceeds marginal cost, then
 
  A) the government could set price equal to marginal cost and subsidize the monopoly.
  B) the government should not offer a subsidy, since the monopoly can make a profit setting price equal to marginal costs.
  C) if the government sets price equal to average cost, the monopoly will go out of business.
  D) the government cannot regulate price.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

carlsona147

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

d

Answer to Question 2

A




debasdf

  • Member
  • Posts: 570
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


alexanderhamilton

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Everyone has one nostril that is larger than the other.

For a complete list of videos, visit our video library