Define progressive in taxes as percentage of income
Line T0 depicts a tax system which is: (1) progressive. (2) recessive. (3) proportional. (4) biased. (5) regressive. Hey friends please give your opinion for the problem of Economic that is given above.
Line T0 depicts a tax system which is: (1) progressive. (2) recessive. (3) proportional. (4) biased. (5) regressive.
Hey friends please give your opinion for the problem of Economic that is given above.
When supplies of some resources are upwardly sloping to an industry, in that case increasing the industry’s output results within: (w) higher output due to increased profits from falling input prices. (x) reductions of output because of increase
This profit-maximizing pure competitor would stop operating within this market into the long run when the price was expected to be persistently less than the price consequent to: (i) point c. (ii) point d. (iii) point e. (iv) point f. (v) point g.
Joy waits into a long line at her local bookstore therefore she can be between the first to buy and read a newly-printed hardback copy of the newest Harry Potter adventure. And Lindsay waits till a lower priced paperback edition is printed just before buying any Potte
Illustrations of homogeneous goods would comprise: (i) automobile tires. (ii) athletic shoes. (iii) personal computers. (iv) most farm products. (v) college textbooks. Hey friends please give your opinion for the p
From roughly 1975 year, the proportion of the U.S. population into the Bureau of the Census category that is “middle relative income” where the “middle class’ has: (1) grown since many former u
The firm with monopsony power in labor market: (1) Can hire any significant amount of labor devoid of affecting the wage. (2) Can pay any wage it wishes. (3) Must pay a higher wage when it hires more labor. (4) Must pay a lower wage when it hires more
When a monopolist maximizes the profit in a product market, it will: (w) Hire labor till the marginal revenue product equivalents marginal resource cost. (x) Hire labor till the value of marginal product equivalents marginal resource cost. (y) Pay a wage equivalent to
is price in the law of demand an absolute or relative price
For any profit-maximizing monopolist not capable to price discriminate, production arises at an output level where is: (w) price exceeds marginal costs [P > MC]. (x) marginal revenue exceeds marginal costs [MR >
Innovating new technologies and products when bearing risks and uncertainty is amongst the roles played by: (1) bureaucrats. (2) entrepreneurs. (3) monopolists. (4) politicians. (5) inventors. How can I solve my Economics <
18,76,764
1948497 Asked
3,689
Active Tutors
1449422
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!