« previous next »

Author Question: A stair-like market supply curve is the result of A) higher cost firms charging a higher price ... (Read 105 times)

KWilfred

  • Hero Member
  • *****
  • Posts: 570
on: Jul 1, 2018
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

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Two transesterification reactions that result in splicing of exons in pre-mRNA Two transesterification reactions that result in splicing of exons in pre-mRNA
Who's Policing the Food Supply? Who's Policing the Food Supply?
Blood Supply to the Lungs Blood Supply to the Lungs
Mr. jackson's lab result - Chest X-Ray, CT Scan of Brain, and Cerebral Angiogram Mr. jackson's lab result - Chest X-Ray, CT Scan of Brain, and Cerebral Angiogram
As a result of a hole in the graph, which of the following functions does not have an average ... As a result of a hole in the graph, which of the following functions does not have an average ...
Your company advertises all prices on the menu board as a final price, including HST of 13%. A ... Your company advertises all prices on the menu board as a final price, including HST of 13%. A ...
Video: Membrane Protein and Facilitated Transport (Passive Vs Active)

For a complete list of videos, visit our video library