Michigan recently did away with property taxes. Alternative funding for schools could come from
a. a lottery system.
b. an increase in sales tax and income tax.
c. an increase in corporate taxes.
d. All of the above are correct.
d
Economics
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The ______ shows the relationship between the price of the good and the quantity a single consumer is willing and able to buy.
a. individual supply curve b. individual demand schedule c. individual cost curve. d. individual equilibrium schedule
Economics
Suppose the production function is given by Q = 2K + L. If w = $4 and r = $4, how many units of K and L will be utilized in the production process?
A. All L and no K. B. All K and no L. C. A combination of K and L not represented above. D. Equal amounts of K and L.
Economics