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Author Question: When deciding where to locate, businesses _____. a. will always locate in the lowest tax area ... (Read 87 times)

gonzo233

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on: Jul 1, 2018
When deciding where to locate, businesses _____.
 
  a. will always locate in the lowest tax area
  b. pay no attention to property taxes
  c. might move to a high property tax area if local amenities are good
   d. will always locate closest to their customer base

Question 2

The marginal rate of technical substitution shows
 
  A) how many machines can be replaced by computers, keeping output constant.
  B) how many computers are needed to replace workers so that output can increase.
  C) the rate at which technology advances change marginal productivity.
  D) how many workers can do the job of one computer, keeping output constant.


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akudia

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Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

D


gonzo233

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Reply 2 on: Jul 1, 2018
Excellent

raili21

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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