Author Question: If an individual had the option of receiving a cash transfer equal to the value of the housing ... (Read 68 times)

sam.t96 · **on:** Jul 1, 2018

If an individual had the option of receiving a cash transfer equal to the value of the housing subsidy, _____.

a. they would be better off
b. they could rent better housing than the public housing
c. they could rent worse housing than the public housing
d. all of the above
e. a and b

Question 2

In the short run, the point at which average cost is minimized, the line from the origin to the point on the

A) total cost curve is tangent to the curve.
B) total cost curve has the largest slope.
C) total variable cost curve has the largest slope.
D) total variable cost curve has the smallest slope.