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Author Question: A factor of production that cannot be easily changed in the relevant time period is called a A) ... (Read 110 times)

Themember4

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on: Jul 1, 2018
A factor of production that cannot be easily changed in the relevant time period is called a
 
  A) short-run factor.
  B) fixed input.
  C) variable input.
  D) production anchor.

Question 2

When a unit tax is placed on demanders ____.
 
  a. it will be paid entirely by demanders if the demand curve is elastic
  b. it will have the same effect as a similar unit tax placed on suppliers
  c. they will pay a larger share than if it was initially placed on suppliers
   d. they will pay a smaller share than if it was initially placed on suppliers


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Sarahjh

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

B

Answer to Question 2

b


Themember4

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Reply 2 on: Jul 1, 2018
Excellent

6ana001

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Reply 3 on: Yesterday
Gracias!

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