Economics

34. A union can influence the equilibrium wage rate by: a. collective bargaining

34. A union can influence the equilibrium wage rate by: a. collective bargaining. b. featherbedding. c. lobbying for legislation to restrict immigration. d. doing some or all the …

34. An industry with a few interdependent firms is best described as perfect com

34. An industry with a few interdependent firms is best described as perfect competition. monopoly o oligopoly. monopolistic competition 35. The market for soft drinks, which is d…

34. End-of-Chapter, Problems and Applications Q6 Consider the following data on

34. End-of-Chapter, Problems and Applications Q6 Consider the following data on U.S. GDP: Year 2012 2002 Nominal GDP (Billions of dollars) 15,676 10,642 GDP Deflator (Base year 20…

34. Fernando allocates his lunch money between pizza and Coke. A Coke has a pric

34. Fernando allocates his lunch money between pizza and Coke. A Coke has a price of $1 and a slice of pizza has a price of $1.50. The marginal utility of the last slice of pizza …

34. If the quantity supplied is the same regardless of price,then supply is a. e

34. If the quantity supplied is the same regardless of price,then supply is a. elastic. b. perfectly elastic. c. perfectly inelastic. a. other sellers are offering similar product…

34. In general, contract rights may be assigned a. personal service contracts Wh

34. In general, contract rights may be assigned a. personal service contracts Which of the following types of contract rights may not beassigned e contracts for the sale of goods …

34. In the United States, the reserve requirement is set by the: a. Bank of Amer

34. In the United States, the reserve requirement is set by the:      a.   Bank of America.      b.   federal government.      c.   U.S. Treasury.      d.   Federal Reserve Board.…

34. John raises bees to polinate his orchard, a couple of bees which escaped end

34. John raises bees to polinate his orchard, a couple of bees which escaped ended up polinating his neighbor's orchard so: a. john's neighbor has recieved an external cost of joh…

34. Markovich Corporation is considering building a new plant. It will cost $1 m

34. Markovich Corporation is considering building a new plant. It will cost $1 million today to build it and it will generate revenues of $1.121 million three years from today. Of…

34. Short-run supply and long-run equilibrium Consider the competitive market fo

34. Short-run supply and long-run equilibrium Consider the competitive market for titanium. Assume that, regardless of how many firms are in the industry, every firm in the indust…

34. Slave-grown cotton impacted the economies of both the South and the North th

34. Slave-grown cotton impacted the economies of both the South and the North through (a) Producing most of the innovative ideas in the US economy in the 17ths, 18, and 19 (b) Red…

34. Suppose flowering plants generate a positive externality in consumption. if

34. Suppose flowering plants generate a positive externality in consumption. if so, then Suppose flowering plants generate a positive externality in consumption. If so, then 0 0 0…

34. The extent to which the demand for a good changes when the price of a substi

34. The extent to which the demand for a good changes when the price of a substitute or complement changes, other things remaining the same, is measured as the ) income elasticity…

34. The four major expenditure categories of gross domestic product (GDP) are co

34. The four major expenditure categories of gross domestic product (GDP) are consumption, imports, exports, and government purchases a. b. consumption, government purchases, taxe…

34. The quantity theory of money implies that hyperinflation is caused by. a. ra

34. The quantity theory of money implies that hyperinflation is caused by. a. rapid growth in the demand of money b. too much production c. growth in the supply of money that far …

34. Video Solution Bailey, Inc., is considering buying a new gang punch that wou

34. Video Solution Bailey, Inc., is considering buying a new gang punch that would allow them to produce circuit boards more efficiently. The punch has a first cost of $100,000 an…

34. Which of the following stands at the center of international commercial tran

34.          Which of the following stands at the center of international commercial transactions and is issued by a bank at the request of an importer? A.            Bill of ladi…

34. Which of the following statements is/are TRUE regarding the sale of companie

34. Which of the following statements is/are TRUE regarding the sale of companies and regarding merger & acquisitions activity? CIRCLE ALL THAT APPLY. (2 points) a. Investment…

34. [Extra Credit 4 points] Chrissy and Marvin are competitors in a local market

34. [Extra Credit 4 points] Chrissy and Marvin are competitors in a local market and each is trying to decide if it is worthwhile to advertise. If both of them advertise, each wil…

34.The table below shows the number of cars sold last month by seven employees a

34.The table below shows the number of cars sold last month by seven employees at Concord Motors and their number of years of sales experience.    Experience Sales 1 8 2 6 2 7 4 1…

34.You are an stock analyst hired to follow Jones Kenesyian Consulting (whose ti

34.You are an stock analyst hired to follow Jones Kenesyian Consulting (whose ticker is JK), the firm recently paid a dividend of $2 per share, and you expect JK to grow at 10% fo…

34/Th advan e advantages frequently associated with entering a market early are

34/Th advan e advantages frequently associated with entering a market early are known as "first mover tages", the disadvantages are known as "first-mover disadvantages". T/F 35/ T…

35 a family vacation o Alaska at an estimated cost of $3,000. If you can earn an

35 a family vacation o Alaska at an estimated cost of $3,000. If you can earn an average of 4% per year, how much must you investtoday vacation? in order to have the funds needed …

35) E) attitudes in that mass marketing as) Mass marketing differs from differen

35) E) attitudes in that mass marketing as) Mass marketing differs from differentiated marketing A) targets a single location or even a single customer B) focuses on only a single…

35) Long-run cost curves are U-shaped because A) of the law of demand. C) of eco

35) Long-run cost curves are U-shaped because A) of the law of demand. C) of economies and diseconomies of scale. B) of the law of diminishing returns. D) of the law of supply. 36…

35) Solow residuals are estimates of ________. A) deadweight loss B) the natural

35) Solow residuals are estimates of ________. A) deadweight loss B) the natural rate of unemployment C) aggregate productivity D) labor hoarding 36) The primary source of shocks …

35) When supply is more elastic than demand, A) consumers carry the majority of

35) When supply is more elastic than demand, A) consumers carry the majority of the tax burden B) producers carry all of the tax burden producers and consumers carry an equal amou…

35- Assume that the equilibrium price for a good is $5. If the market price is $

35- Assume that the equilibrium price for a good is $5. If the market price is $10, a: Question 35 options: a- shortage causes the price to decline toward $5. b- surplus causes th…

35- Crowding out occurs when A) government borrowing to finance a budget deficit

35- Crowding out occurs when A) government borrowing to finance a budget deficit makes interest rates rise. B) sovermment borrowing to finance a budget deficit makes interest rate…

35-36l Refer to the following statement so answer the The Barcau of Labor Stanis

35-36l Refer to the following statement so answer the The Barcau of Labor Stanistics announces that in Dec. 1999, of all adult Americans. 136 mill were uncmployed, and 40 mil were…

35-37. The market for widgets has the following supply and demand curves: P 10 (

35-37. The market for widgets has the following supply and demand curves: P 10 (1/3)Q P = 100-(1/2X2 Supply: Demand: Initially, the market is in equilibrium at P = $46, Q = 108 . …

35. An inflationary gap occurs if O actual real GDP is equal to potential output

35. An inflationary gap occurs if O actual real GDP is equal to potential output O unemployment is greater than the natural rate. actual real GDP is greater than potential output.…

35. Calculate this taxpayer\'s marginal tax rate. Year 2012 2013 2014 Income $30

35. Calculate this taxpayer's marginal tax rate. Year 2012 2013 2014 Income $30,000 $40,000 $50,000 Tax $2,000 $3,500 $5,000 A, 7.5% B.10% C. I1.4% D. 15% E, 20% 36. You work extr…

35. Economies of scale occur when a firm\'s long-run average total cost curve is

35. Economies of scale occur when a firm's long-run average total cost curve is: A. upward-sloping. B. vertical. C. downward-sloping. D. horizontal. 36. The central characteristic…

35. If your competitors will follow your price cuts and ignore price hikes, your

35. If your competitors will follow your price cuts and ignore price hikes, your firm A. faces perfect competition. B. faces a kinked demand curve. C. is the marginal price leader…

35. In order for someone to cancel cable service, the cable company requires cus

35. In order for someone to cancel cable service, the cable company requires customers to This is either stand in line to return their modem boxes or pay for the cost of the devic…

35. Moral hazard inhibits the financing of global growth because A. Firms someti

35. Moral hazard inhibits the financing of global growth because A. Firms sometimes have trouble determining whether they need funds or not B. If investors have trouble identifyin…

35. Private property rights exist when property rights are a. exclusively contro

35. Private property rights exist when property rights are a. exclusively controlled by the owner or owners b. transferable to others. c. protected by legal enforcement. d. all of…

35. Steve went to his favorite hamburger restaurant with $3, expecting to buy a

35. Steve went to his favorite hamburger restaurant with $3, expecting to buy a $2 hamburger and a $1 soda. When he arrived he discovered that hamburgers were on sale for $1 each,…

35. The Great Depression I consituted a prolmession b. lasted for two years in t

35. The Great Depression I consituted a prolmession b. lasted for two years in the 1940s c. was characterized by both high unemployment and high inflation d. caused national outpu…

35. The coefficient of determination can have a value between? a. b. c. d. Zero

35. The coefficient of determination can have a value between? a. b. c. d. Zero and positive one, negative one and positive one, depends on the relationship between X and Y, posit…

35. What is the first step in locating foreign markets? A. Identifying internati

35. What is the first step in locating foreign markets? A. Identifying international agents. B. Identifying international distributors. C. Determining whether there is a need for …

35. When considering the change to the money demand curve, if the interest rate

35. When considering the change to the money demand curve, if the interest rate rises, the quantity demanded is a. lower, moving leftward along the money demand curve b. higher, m…

35. Which of the following satatements is false concerning monopolistic competit

35. Which of the following satatements is false concerning monopolistic competition? a.marginal revenue is less than average revenue b.firms product sightly different products c.t…

35. Which of the following statements is/are TRUE regarding credit unions? CIRCL

35. Which of the following statements is/are TRUE regarding credit unions? CIRCLE ALL THAT APPLY. (2 points) Credit unions serve the needs of corporate and individual customers. C…

35.A firm recently reported EBITDA of $3.95 million, depreciation of $1.20 milli

35.A firm recently reported EBITDA of $3.95 million, depreciation of $1.20 million, and had a tax rate of 40%. The firm's expenditures on fixed assets and net operating working ca…

350 Spring 2017 Section 2 Question 5 of 25 Bookshelf Online: Sign in Why ts port

350 Spring 2017 Section 2 Question 5 of 25 Bookshelf Online: Sign in Why ts portfolio investment not as effective as direct investment in development efforts? Netfi A Because dire…

36%- Sat 9:38 PM a E i Chrome File Edit View History Bookmarks People Window Hel

36%- Sat 9:38 PM a E i Chrome File Edit View History Bookmarks People Window Help Quiz: Optional Final O Grades for Ahmad A X O chapter 13 Quiz: A x Q Econ Chp 7 8 9 x e Economics…

36) A firm encountering economies of scale over some range of output will have a

36) A firm encountering economies of scale over some range of output will have a: a) rising long-run average cost curve. b) falling long-run average cost curve. c) constant long-r…

36) A tax on the seller of a product: A) causes the demand curve for the product

36) A tax on the seller of a product: A) causes the demand curve for the product to shift to the right. B) always causes the equilibrium quantity traded in the market to increase.…