« previous next »

Author Question: Which of the following are motivations for those seeking redistributive transfers? a. The ... (Read 58 times)

tiara099

  • Hero Member
  • *****
  • Posts: 588
on: Jul 1, 2018
Which of the following are motivations for those seeking redistributive transfers?
 
  a. The creation of more income equality.
  b. To help out those who are less fortunate
  c. To create a more just economic system.
  d. a and b
  e. all of the above

Question 2

Justin's bank employs tellers and ATMs. Both are able to serve clients in the exact same way and therefore are perfect substitutes. Describe the elasticity of substitution between the two inputs.
 
  What will be an ideal response?


shayla

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

The elasticity is infinite. The firm is able to freely substitute the goods since they are perfect substitutes (without altering the MRTS).


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

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.

Effect of Inactivation of the Insula on Reinstatement of Drug-Seeking Behavior in Rats Effect of Inactivation of the Insula on Reinstatement of Drug-Seeking Behavior in Rats
In 1885 masked Nebraskans seeking access to water posed for photographer S. D. Butcher, who captione In 1885 masked Nebraskans seeking access to water posed for photographer S. D. Butcher, who captione
Maslow’s hierarchy of needs proposes that lower needs dominate the individual’s motivations and ... Maslow’s hierarchy of needs proposes that lower needs dominate the individual’s motivations and ...
Transfers enzyme (transformylase) from 10-formyltetrahydrofolate Transfers enzyme (transformylase) from 10-formyltetrahydrofolate
Anabolic steroids are sometimes used by athletes seeking to bulk up Anabolic steroids are sometimes used by athletes seeking to bulk up
Sensation-seeking and risky behaviours may help teens achieve peer acceptance Sensation-seeking and risky behaviours may help teens achieve peer acceptance
Video: Interview with an Anorexic Woman (Part 2 of 2)

For a complete list of videos, visit our video library