Economics
58545 questions • Page 285 / 1171
A polarity is a problem that can\'t be resolved. Some business problems, like wh
A polarity is a problem that can't be resolved. Some business problems, like whether to offer retirement benefits or not, have an end decision point. Other business problems are m…
A police department can only afford 1 cop on duty at any given time of day. Each
A police department can only afford 1 cop on duty at any given time of day. Each cop can only 1, mile (of road). There arc a total of 10 miles that need to be policed. The cost of…
A policeman investigating a rape spotted Quarles, who matched the rapist’s descr
A policeman investigating a rape spotted Quarles, who matched the rapist’s description. When Quarles saw the policeman, he began to run toward the back of the store. After a chase…
A policy that increases saving will worsen economic growth and health outcomes.
A policy that increases saving will worsen economic growth and health outcomes. ?will improve economic growth, but worsen health outcomes. will improve economic growth and health …
A political commentator argues: Congress and the president are more likely to en
A political commentator argues: Congress and the president are more likely to enact an expansionary fiscal policy than a contractionary fiscal policy because expansionary policies…
A politician makes the following argument: \"The economy would operate more effi
A politician makes the following argument: "The economy would operate more efficiently if frictional unemployment were eliminated. Therefore, a goal of government policy should be…
A politician makes the following argument: \"The economy would operate more effi
A politician makes the following argument: "The economy would operate more efficiently if frictional unemployment were eliminated. Therefore, a goal of government policy should be…
A pork-processing facility is considering installing either a storage facility o
A pork-processing facility is considering installing either a storage facility or a holding pond. A biosystems engineer has been hired to evaluate the economic trade-offs for the …
A portfolio is made up of two assets. 30% of the portfolio value is invested in
A portfolio is made up of two assets. 30% of the portfolio value is invested in the first asset that has a beta of 0.8 while the second asset has a beta of 1.3. The portfolio beta…
A portion of the costs incurred by business organizations is designated as direc
A portion of the costs incurred by business organizations is designated as direct labor cost. As used in practice, the term direct labor cost has a wide variety of meanings. Unles…
A positive statement a normative statement physical capital opportunity cost The
A positive statement a normative statement physical capital opportunity cost The production possibilities curve bows out because production is efficient of the law of increasing a…
A positive statement is one which is: derived by induction. derived by deduction
A positive statement is one which is: derived by induction. derived by deduction. subjecti…
A positive statement is one which is: derived by induction. derived by deduction
A positive statement is one which is: derived by induction. derived by deduction. subjecti…
A possible headline from the local media is: \"Congress votes to end the minimum
A possible headline from the local media is: "Congress votes to end the minimum wageCongress votes to end the minimum wage" This headline provides an example of a ______. A. non d…
A possible headline from the local media is: \"Exercise controls weight\" This h
A possible headline from the local media is: "Exercise controls weight" This headline provides an example of a_________. A. positive statement about a macroeconomic issuepositive …
A poster had a picture of a homeless person squatting on the side of a city road
A poster had a picture of a homeless person squatting on the side of a city road in the rain. Next to him was his dog who was sitting under an umbrella. So the dog was dry, but th…
A potential barrier to entry is a firm’s controlof a(n) _______________ resource
A potential barrier to entry is a firm’s controlof a(n) _______________ resource critical to production in theindustry. The possibility that anopen-access resource is used un…
A potential entrepreneur is trying to decide whether to open a new health spa. S
A potential entrepreneur is trying to decide whether to open a new health spa. She presently makes $35,000 per year as an aerobics instructor and will have to give up this job if …
A potential investor conducted a 144 day survey in each theater in order to dete
A potential investor conducted a 144 day survey in each theater in order to determine the difference between the average daily attendance at the North Mall and South Mall theaters…
A potential money multiplier of 10 means that a. there can be no more lending av
A potential money multiplier of 10 means that a. there can be no more lending available b. a new deposit of $1,000 can result in new demand…
A potential offender contemplates committing burglary in one of two neighborhood
A potential offender contemplates committing burglary in one of two neighborhoods. If caught, he faces a fine (f) of $5,000 regardless of where he commits the crime. The potential…
A prediction (based on a reference from 2006) that projects a $20 billion word m
A prediction (based on a reference from 2006) that projects a $20 billion word market for nano food. I wonder. This may in part depend on a liberal definition of nanotechnology …
A press release is a story that will be interesting to the readers. Identify a c
A press release is a story that will be interesting to the readers. Identify a current event that has taken place in the last six months, and calls for a press release. Then, writ…
A pressure vessel is needed for a new process involving corrosive chemicals. A c
A pressure vessel is needed for a new process involving corrosive chemicals. A carbon steel vessel will cost $6000, with an annual maintenance cost of S5000 per year, and a servic…
A prestigious investment bank designed a new security that pays a quarterly divi
A prestigious investment bank designed a new security that pays a quarterly dividend of $2.75 in perpetuity. The first dividend occurs one quarter from today. What is the price…
A pretzel-stand owner in Chicago hires workers to make hot pretzels and sell the
A pretzel-stand owner in Chicago hires workers to make hot pretzels and sell them to customers. If the firm is competitive in both the market for pretzels and in the market for pr…
A price discriminating monopolist charges the highest priceto a. the oldest grou
A price discriminating monopolist charges the highest priceto a. the oldest group. b. the group with the most elastic demand c. the group with demand that is of unitaryelasticity …
A price discriminating monopoly charges A different prices to buyers for differe
A price discriminating monopoly charges A different prices to buyers for different products B a different price to different types of buyers for the same product even though there…
A price elasticity of demand equal to ? 0.4 indicates that a A) 4 percent increa
A price elasticity of demand equal to ? 0.4 indicates that a A) 4 percent increase in price leads to a 10 percent decrease in quantity demanded. B) 1 percent increase in price lea…
A price taker is Question 11 options: an individual seller in a commodity market
A price taker is Question 11 options: an individual seller in a commodity market a monopoly firm the electric company as their rates are set by the Public Utilities Commission a f…
A price taking firm chooses its inputs to maximize short-run profits. Its Cobb-D
A price taking firm chooses its inputs to maximize short-run profits. Its Cobb-Douglass production function has the following form: q(L, K) = L ^(1/2)K^(1/3) . The output price is…
A price taking firm chooses its inputs to maximize short-run profits. Its Cobb-D
A price taking firm chooses its inputs to maximize short-run profits. Its Cobb-Douglass production function has the following form: q(L, K) = L^(1/2) K ^(1/3) . The output price i…
A price-taking firm has total fixed costs of $40 and faces a market-determined p
A price-taking firm has total fixed costs of $40 and faces a market-determined price of $2 per unit of its output. The wage rate is $11 per unit of labor. Labor is the only variab…
A price-taking firm in the X industry has the following (pre-tax) total short-ru
A price-taking firm in the X industry has the following (pre-tax) total short-run cost function: TC = 50 +30Q + Q^2. Price equals $130. The government is considering the following…
A price-taking firm makes air conditioners. The market price of one of their new
A price-taking firm makes air conditioners. The market price of one of their new air conditioners is $120. Its total cost information is given in the following table. LO1, LO3, LO…
A price-taking rm selling in a market with a price greater than the rm\'s averag
A price-taking rm selling in a market with a price greater than the rm's average total cost should: Decrease production when market price is greater than marginal cost Increase pr…
A primary difference between an S-corporation and a C-corporation is that: a. th
A primary difference between an S-corporation and a C-corporation is that: a. the C-corporation offers the advantage of limited liability to its stockholders, and an S-corporation…
A principal point of contention between Keynesian and supply-side proponents con
A principal point of contention between Keynesian and supply-side proponents concerns the proper function of tax reductions. According to the Keynesians, tax-cut money should be u…
A principal sum ? is invested at a nominal interest rate r, compounded m times a
A principal sum ? is invested at a nominal interest rate r, compounded m times a year, for n years. The accumulated amount at the end of this period will be In the formula ? = F(l…
A prison guard was assigned to patrol Cell Block 4. One of the guard’s high scho
A prison guard was assigned to patrol Cell Block 4. One of the guard’s high school buddies, Ray, is incarcerated on the same cell block for possession of narcotics. Cigarettes are…
A private college adds a small café to its building to cater to the needs of its
A private college adds a small café to its building to cater to the needs of its own students. The total cost of the facilities for the café is $100,000. After a year of operation…
A private equity firm is considering five competing projects in which to invest
A private equity firm is considering five competing projects in which to invest in the upcoming quarter. The firm needs to decide how to allocate its available capital based upon …
A private equity firm is considering five competing projects in which to invest
A private equity firm is considering five competing projects in which to invest in the upcoming quarter. The firm needs to decide how to allocate its available capital based upon …
A private golf club has two types of members. Serious golfers each have the dema
A private golf club has two types of members. Serious golfers each have the demand curve Q=350-10p, where Q represents the number of rounds played per year and P is the per-round …
A private golf club has two types of members. Serious golfers each have the dema
A private golf club has two types of members. Serious golfers each have the demand curve Q = 350 – 10P, where Q represents the number of rounds played per year and P is the per-ro…
A privately held corporation wishes to estimate its cost of equity. The firm has
A privately held corporation wishes to estimate its cost of equity. The firm has a target debt-to-equity ratio of 0.5 and the marginal tax rate is 21%. The yield on 10 year U.S. T…
A privately owned summer camp for youngsters has the following data for a 12-wee
A privately owned summer camp for youngsters has the following data for a 12-week session: Charge per camper $480 per week Fixed costs $192,000 per session Variable cost per cam…
A probability distribution a. is a way of dealing with uncertainty. b. lists all
A probability distribution a. is a way of dealing with uncertainty. b. lists all possible outcomes and the corresponding probabilities of occurrence. c. sh…
A probability distribution a. is a way of dealing with uncertainty. b. lists all
A probability distribution a. is a way of dealing with uncertainty. b. lists all possible outcomes and the corresponding probabilities of occurrence. c. sh…
A problem encountered when implementing an \"infant industry\" tariff is that: a
A problem encountered when implementing an "infant industry" tariff is that: a. Domestic consumers will purchase the foreign good regardless of the tariff b. Political pressure ma…
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