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> > The Language of Composition: Reading, Writing, Rhetoric 2

The Language of Composition: Reading, Writing, Rhetoric 2nd Edition - Solutions by Chapter

The Language of Composition: Reading, Writing, Rhetoric | 2nd Edition | ISBN: 9780312676506 | Authors: Renee H. Shea, Lawrence Scanlon, Robin Dissin Aufses

Full solutions for The Language of Composition: Reading, Writing, Rhetoric | 2nd Edition

ISBN: 9780312676506

The Language of Composition: Reading, Writing, Rhetoric | 2nd Edition | ISBN: 9780312676506 | Authors: Renee H. Shea, Lawrence Scanlon, Robin Dissin Aufses

The Language of Composition: Reading, Writing, Rhetoric | 2nd Edition - Solutions by Chapter

The full step-by-step solution to problem in The Language of Composition: Reading, Writing, Rhetoric were answered by Patricia, our top Business solution expert on 01/25/18, 05:33PM. This textbook survival guide was created for the textbook: The Language of Composition: Reading, Writing, Rhetoric, edition: 2. This expansive textbook survival guide covers the following chapters: 13. The Language of Composition: Reading, Writing, Rhetoric was written by Patricia and is associated to the ISBN: 9780312676506. Since problems from 13 chapters in The Language of Composition: Reading, Writing, Rhetoric have been answered, more than 5126 students have viewed full step-by-step answer.

Key Business Terms and definitions covered in this textbook
  • budget constraint

    the limit on the consumption bundles that a consumer can afford

  • constant returns to scale

    The property whereby long-run average total cost stays the same as the quantity of output changes

  • consumer surplus

    the amount a buyer is willing to pay for a good minus the amount the buyer actually pays for it

  • corrective tax

    a tax designed to induce private decision makers to take account of the social costs that arise from a negative externality

  • cost–benefit analysis

    a study that compares the costs and benefits to society of providing a public good

  • currency

    the paper bills and coins in the hands of the public

  • discrimination

    the offering of different opportunities to similar individuals who differ only by race, ethnic group, sex, age, or other personal characteristics

  • equilibrium price

    the price that balances quantity supplied and quantity demanded

  • excludability

    the property of a good whereby a person can be prevented from using it

  • government purchases

    spending on goods and services by local, state, and federal governments

  • inferior good

    a good for which, other things being equal, an increase in income leads to a decrease in demand

  • monopolistic competition

    the quantity of money available in the economy

  • nominal GDP

    the production of goods and services valued at current prices

  • risk aversion

    a dislike of uncertainty

  • rivalry in consumption

    the property of a good whereby one person’s use diminishes other people’s use

  • sacrifice ratio

    the number of percentage points of annual output lost in the process of reducing inflation by 1 percentage point

  • screening

    an action taken by an uninformed party to induce an informed party to reveal information

  • substitutes

    two goods for which an increase in the price of one leads to an increase in the demand for the other

  • utilitarianism

    the political philosophy according to which the government should choose policies to maximize the total utility of everyone in society

  • vertical equity

    the idea that taxpayers with a greater ability to pay taxes should pay larger amounts

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