A stair-like market supply curve is the result of A) higher ...

[KWilfred]

A stair-like market supply curve is the result of
 
  A) higher cost firms charging a higher price for their products.
  B) firms having different costs.
  C) firms shutting down in the long run.
  D) average variable costs that are higher than average fixed costs.

Question 2

If a community spends more than the amount a categorical grant requires, the effect is _____.
 
  a. the same as a general grant
  b. better than a general grant
  c. worse than a general grant
   d. impossible to determine given the available information

[Sophiapenny]

Answer to Question 1

B

Answer to Question 2

a