Economics

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'Wansley Portal Inc., a large Internet service provider, is evaluating the possible acquisition of Alabama Connections Company (ACC), a regional Internet service provider. Wansley…

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''il C Spire 11:53 PM c @ 1 92% to Good morning class, I just wanted to send out instructions for the writing assignment again. Those who were in attendance October 30, 2017 shoul…

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G Marginal utilt . Google : G which of the following S ?ilasticity of Dem and Stu G When the price of a ron × × × ttps/faytechcc.blackboard.com/webapps/assessment/take/launch jsp …

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Question Completion Status: Table 14-9 Suppose that a firm in a competitive market faces the following revenues and costs Quantity 0 Total Revenue S0 $9 $18 $27 $36 $45 $54 Total …

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The following mutually exclusive investment alternatives have been presented to you. A B C D E Capital investment Annual expenses Annual revenues MV at EOY 10 IRR $60,000 $30,000 …

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WRenew SubmissioX/-Order #33529519X. . How long Does lX re https//digitalwwnorton.com/18326 Digital Resources xysmartworks x.i Inthe graph beox O See Part 1 (1 point) In the graph…

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Subsequently the company decides to contract with a more sustainable company. Some important shareholders attempted to block this proposal. Their belief, as the owners of this com…

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]Use that data set in BEAUTY. DTA, which contains a subset of the variables (but more usable observations than in the regression) reported by Hamermesh and Biddle (1994). i.Find t…

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^Use above graph to reference the next set of questions... This is how far I've gotten: Suppose a bout of severe weather drives up agricultural costs, increases the costs of trans…

_ 34. Producer surplus from a unit of output is the difference between the marke

_ 34. Producer surplus from a unit of output is the difference between the market price and the seller's cost of producing that unit. ____ 35. When positive externalities are pres…

_1. In presenting the idea of ademand curve, economist, presume the most importa

_1. In presenting the idea of ademand curve, economist, presume the most important variab determining the quantity demanded is A the price of the product itself B. consumer income…

__ 46. Economic profits in a perfectly competitive industry will encourage entry

__ 46. Economic profits in a perfectly competitive industry will encourage entry of new firms, which will shift the market supply curve to the right. ____ 47. Perfectly competitiv…

___ 26. If the demand curve for product J shifts to the left as the price of pro

___ 26. If the demand curve for product J shifts to the left as the price of product K increases, then J and K are complementary goods. ____ 27. All points on the production possi…

___(nominal or real)______GDP is the total value of production (final goods and

___(nominal or real)______GDP is the total value of production (final goods and services) using current prices. Consider an illustrative economy that produces luxury pens. Assume …

____ 12. Price discrimination is defined as: a. selling a product at the same pr

____ 12.   Price discrimination is defined as: a. selling a product at the same price to each and every consumer. b. selling a product at more than one price. c. selling a product…

____ 15. In the case of a beneficial externality a. marginal private cost is bel

____   15.   In the case of a beneficial externality a. marginal private cost is below marginal social cost. b. marginal social cost is above marginal private cost. c. marginal so…

____ 17. When you pay for some purchase with a check, cash must be transferred t

____   17.   When you pay for some purchase with a check, cash must be transferred to another account to pay for the check. ____   22.   The money supply can be increased by decre…

____ 21. Which of the following contribute to productivity growth? a. the educat

____   21.   Which of the following contribute to productivity growth? a. the education and experience of the labor force. b. investment in plants and equipment. c. innovation res…

____ 22. What happens to the long-run equilibrium in the competitive market? a.

____   22.   What happens to the long-run equilibrium in the competitive market? a. In long-run equilibrium, marginal firms make a positive economic profit. b. To maximize profit,…

____ 23. Firms share technology with rivals, a. in order to better compete with

____   23.   Firms share technology with rivals, a. in order to better compete with their rivals. b. in order to help out when their rivals are in trouble. c. to share the substan…

____ 24. A profit-maximizing monopoly will spend on a process innovation a. up t

____   24.   A profit-maximizing monopoly will spend on a process innovation a. up to the point where P = MC. b. up to the point where P = AC. c. anywhere where MR>MC. d. up to…

____ 25. A successful process innovation can be expected to lead to a. an upward

____   25.   A successful process innovation can be expected to lead to a. an upward shift of the MC and AC curves which will lower output and raise the price of the product. b. a…

____ 3. The classical model fails to recognize that a. labor markets always clea

____ 3. The classical model fails to recognize that a. labor markets always clear b. managers develop paternalistic feelings toward their workers c. labor markets do not always cl…

____ 31. The prevalence of a disorder refers to a. its accuracy or correctness a

____ 31. The prevalence of a disorder refers to a. its accuracy or correctness as a diagnosis of a real mentalillness. b. the agreement among professional about a diagnosis for as…

____ 36. A firm facing a horizontal demand curve a. cannot affect the price it r

____   36.   A firm facing a horizontal demand curve a. cannot affect the price it receives for its output. b. always produces at an output at which P = MR. c. faces perfectly ela…

____ 37. Mr. Calhoun owned a worn-out piece of farmland for growing cotton, whic

____ 37.   Mr. Calhoun owned a worn-out piece of farmland for growing cotton, which he had been unable to rent for years. Suddenly he was getting offers from cotton farmers to lea…

____ 40. In perfect competition, marginal revenue always equals a. total revenue

____   40.   In perfect competition, marginal revenue always equals a. total revenue. b. price. c. average cost. d. marginal fixed cost. ____   41.   A perfectly competitive firm …

____ 42. Firms should stop borrowing funds a. as soon as the bank raises the int

____ 42.   Firms should stop borrowing funds a. as soon as the bank raises the interest rate. b. when the MRP of borrowed funds is equal to the cost of borrowing. c. whenever the …

____ 48. The income of Alex Rodriguez (New York Yankees star baseball player) ab

____   48.   The income of Alex Rodriguez (New York Yankees star baseball player) above the minimum payment needed to acquire the type of service he performs is a. pure profit. b.…

____ 49. Which factor receives the profit from production? a. Land b. Labor c. C

____ 49.   Which factor receives the profit from production? a. Land b. Labor c. Capital D. Entrepreneurship                    45. The distinguishing feature of the land market i…

____ 51. Discounting is the process of a. cutting prices to get rid of surplus s

____   51.   Discounting is the process of a. cutting prices to get rid of surplus stocks. b. finding the present value of future dollars. c. finding the future value of present d…

____ 56. The labor supply curve starts to bend backward at the point where a. th

____ 56.   The labor supply curve starts to bend backward at the point where a. the total utility of leisure exceeds the total disutility of labor. b. the marginal utility of addi…

____ 6. The creation of new bank reserves could lead to a multiple increase in t

____     6.   The creation of new bank reserves could lead to a multiple increase in the money supply. ____     8.   Contractionary monetary policy shifts the reserve supply sched…

____ 80. A man may be preferred to a woman by an employer who will make a substa

____ 80.   A man may be preferred to a woman by an employer who will make a substantial investment in the training of the employee because a. most employers are sexist and think t…

_____ 30. The major social assistance program in the U.S. is: a. Social Security

_____ 30. The major social assistance program in the U.S. is: a. Social Security. b. Temporary Assistance to Needy Families(TANF)(previously AFDC) c. Low Income Public Housing. d.…

_____ 30. The major social assistance program in the U.S. is: a. Social Security

_____ 30. The major social assistance program in the U.S. is: a. Social Security. b. Temporary Assistance to Needy Families(TANF)(previously AFDC) c. Low Income Public Housing. d.…

_____ 30. The major social assistance program in the U.S. is: a. Social Security

_____ 30. The major social assistance program in the U.S. is: a. Social Security. b. Temporary Assistance to Needy Families(TANF)(previously AFDC) c. Low Income Public Housing. d.…

_____ 36. Social Security & Medicare programs are sometimes known as: a. Social

_____ 36. Social Security & Medicare programs are sometimes known as: a. Social extensions. b. Entitlement programs. c. Free money d. Bonus programs. e. Compensation programs.…

_____ 36. Social Security & Medicare programs are sometimes known as: a. Social

_____ 36. Social Security & Medicare programs are sometimes known as: a. Social extensions. b. Entitlement programs. c. Free money d. Bonus programs. e. Compensation programs.…

_____ 36. Social Security & Medicare programs are sometimes known as: a. Social

_____ 36. Social Security & Medicare programs are sometimes known as: a. Social extensions. b. Entitlement programs. c. Free money d. Bonus programs. e. Compensation programs.…

_____ results from changes in the business cycle. a) Frictional unemployment b)

_____ results from changes in the business cycle. a) Frictional unemployment b) Structural unemployment c) Cyclical unemployment d) Full employment Roger worked in a coal mine unt…

_____10. The monetarist program undertaken during the 1979-1982 period resulted

_____10. The monetarist program undertaken during the 1979-1982 period resulted       in: a reduction in the inertial rate of inflation. a dramatic rise in unemployment. very high…

_____13. It follows from the assumptions of the rational-expectations macroecono

_____13.   It follows from the assumptions of the rational-expectations                         macroeconomics that: most unemployment is voluntary. monetary policy can work in th…

_____15. A political platform based on monetarism would advocate: “rules of law”

_____15. A political platform based on monetarism would advocate: “rules of law” rather than “discretion of men”. a more active role for government in the economy. greater emphasi…

_____25. Friedman’s view of inflation was that it is caused by: excessive levels

_____25. Friedman’s view of inflation was that it is caused by: excessive levels of aggregate demand. the government printing too much money. the absence of gold backing the curre…

_____29. New Classical Economics probably received its name due to the fact that

_____29. New Classical Economics probably received its name due to the fact that it: changed most of the old ideas of the Classical School of Thought. embraced all of the old idea…

_____39. The economic variable that led to a decline in monetarist thought in th

_____39. The economic variable that led to a decline in monetarist thought in the late    1980’s was: a large budget deficit created by the large federal tax cuts. the instability…

_____44. Tax cuts under President George W. Bush’s terms as president was a retu

_____44. Tax cuts under President George W. Bush’s terms as president was a return to which school of economic thought? Classical. Supply-Side. Monetarism. Keynesian. New Classica…

_____46. Which school of economic thought emphasized the most active role for go

_____46. Which school of economic thought emphasized the most active role for government in the economy? Supply-Side Economics. New Classical Economics. Monetarism. Reaganomics. K…