This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Individuals become dependent on welfare payments because the benefits that have to be given up in ... (Read 33 times)

LaDunn

  • Hero Member
  • *****
  • Posts: 526
on: Jul 1, 2018
Individuals become dependent on welfare payments because the benefits that have to be given up in order to become employed are higher than the benefits from working.
 
  a. True b. False

Question 2

Carefully explain the difference between diseconomies of scale and diminishing returns.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

TDubDCFL

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

Diseconomies of scale means that, in the long run, average costs are rising, usually due to coordination problems or decreasing returns to scale. Diminishing returns means that, in the short run, marginal product is falling (or marginal cost is rising) because each additional worker is producing less than the one before him, due to the fact that capital (or some other factor of production) is fixed. There is no connection between these things.


LaDunn

  • Member
  • Posts: 526
Reply 2 on: Jul 1, 2018
Wow, this really help

adammoses97

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Plains zebra are highly dependent on water. Plains zebra are highly dependent on water.
The Warm Mineral Springs individuals from Florida may be among the earliest Paleo-Indian skeletal re The Warm Mineral Springs individuals from Florida may be among the earliest Paleo-Indian skeletal re
How to calculate mortgage payments (Question 2 of 2) How to calculate mortgage payments (Question 2 of 2)
How to calculate monthly mortgage payments at varying amortization periods (Question 1) How to calculate monthly mortgage payments at varying amortization periods (Question 1)
Debt payments of $1610.00 due today, $725.00 due in 101 days and $670.00 due in 296 days ... Debt payments of $1610.00 due today, $725.00 due in 101 days and $670.00 due in 296 days ...
The karyotype of an XYY male. Affected individuals are usually taller than normal, and some, but not The karyotype of an XYY male. Affected individuals are usually taller than normal, and some, but not
Video: Blood Flow through the Human Heart

For a complete list of videos, visit our video library