Economics

1 point for con 4 At what level of sales (in units) would Joseph A. Bobcat be in

1 point for con 4 At what level of sales (in units) would Joseph A. Bobcat be indifferent between the two compensation plans? the FORMULA used to answer this question in the vello…

1 point possible (graded) Suppose that the transit authority for City A estimate

1 point possible (graded) Suppose that the transit authority for City A estimates the price elasticity of demand for the current subway system to be -0.5. Using the definition of …

1 points Save Answer QUESTION 19 The following figure shows the demand and suppl

1 points Save Answer QUESTION 19 The following figure shows the demand and supply curves for a good. The initial demand curve is D1 and the supply curve is S Later, due to an exte…

1 pts D | Question 18 Which of the following changes will occur to the market fo

1 pts D | Question 18 Which of the following changes will occur to the market for movie tickets when the price of the tickets rises O The demand ane will shift out, causing the pr…

1 pts DQuestion 10 Floyd owns a barbershop. He has being a barber.iIt costs him

1 pts DQuestion 10 Floyd owns a barbershop. He has being a barber.iIt costs him $100 per day for each barber and it costs him $50 per day to cover operating costs. Each barber him…

1 pts If a monopolist in an industry characterized by monopoly features is makin

1 pts If a monopolist in an industry characterized by monopoly features is making economic profit in the short run, which of the following is true for this firm in the long run? (…

1 pts Question 1 Questions 1 to 8 refer to the following scenario (this is taken

1 pts Question 1 Questions 1 to 8 refer to the following scenario (this is taken from sample test 1) The following transactions occurred in a given year. Firm A manufactures leath…

1 pts Question 13 The social costs of business activity is considered to be wher

1 pts Question 13 The social costs of business activity is considered to be whern O the private costs of the business are included with the external costs. O All the costs that th…

1 rndle4 Jernigan ame: 1. Raina consumes 100% more mechanical pencils when the p

1 rndle4 Jernigan ame: 1. Raina consumes 100% more mechanical pencils when the price of felt-tip -, and the cross-price elasticity of de by 50%. For Raina, pencils and pens are- i…

1 satisfactionRating stomer satisfaction with previous purchase experience The n

1 satisfactionRating stomer satisfaction with previous purchase experience The number of times they purchased at the store in the last 6 months 2 purchaseFrequency 3 previousHolid…

1 through 5 are based on the following scenario (adapted from Chapter 5 demand e

1 through 5 are based on the following scenario (adapted from Chapter 5 demand estimation question number 3, p.163) The marker of a leading brand of low-calorie microwavariable fo…

1 ‘This house believes that organizations have no right to monitor employees’ us

1 ‘This house believes that organizations have no right to monitor employees’ use of e-mail or the web.’ Use Moreover (www.moreover.com) to research recent cases where employees h…

1 ‘This house believes that organizations have no right to monitor employees’ us

1 ‘This house believes that organizations have no right to monitor employees’ use of e-mail or the web.’ Use Moreover (www.moreover.com) to research recent cases where employees h…

1# . The budget of an economy is said to be in deficit when A. anticipated infla

1# . The budget of an economy is said to be in deficit when A. anticipated inflation rate exceeds its actual rate B. federal revenues exceed outlays. C. there is a loss of value o…

1% 2% 3% 5% Real CDP gowth rate Assume that the of formulates A the economy to m

1% 2% 3% 5% Real CDP gowth rate Assume that the of formulates A the economy to move at least to point vernment of a, economy inrecesion at pant Y uwarnof the ependiture mdtipler w…

1%) The largest firm in Industry J has a 90% market share, while the remaining t

1%) The largest firm in Industry J has a 90% market share, while the remaining ten firms each has a one percent share. The largest firm in industry K has a 80% market share, while…

1%. Which of the following is the best definition of money? a. Anything generall

1%. Which of the following is the best definition of money? a. Anything generally accepted as a payment for goods or repayment of debt b. Anything that is a liability of the feder…

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1&content;_id=-3328838. kenaunchpp?course-assessment-ids-1087591-1&course-id--1405646; hosted.cuny Remaining Time: 1 hour, 29 minutes, 48 seconds «Question Completion Stat…

1) (10 points) Consider an economy in which interest rate is 15%. Assume you kno

1)      (10 points) Consider an economy in which interest rate is 15%. Assume you know that price of a new car will be $10000 after 5 years. a.       How much money do you need to…

1) (20 points) EmKay Electricals operates a factory that has fixed costs of $2,0

1) (20 points) EmKay Electricals operates a factory that has fixed costs of $2,000,000 per year. The output capacity (maximum it can produce) of the factory is 100,000 electrical …

1) (20 points) EmKay Electricals operates a factory that has fixed costs of $2,0

1) (20 points) EmKay Electricals operates a factory that has fixed costs of $2,000,000 per year. The output capacity (maximum it can produce) of the factory is 100,000 electrical …

1) (30 points) A policy maker is faced with the following MDF from the emissions

1) (30 points) A policy maker is faced with the following MDF from the emissions of nitrous oxide: MDF = 1000 E (where E = tons of emissions). Research leads the policy maker to p…

1) (7pts) McFadden Act Select One Glass-Steagall Act Allowed mergers between com

1) (7pts) McFadden Act Select One Glass-Steagall Act Allowed mergers between commercial banks and insurance companies or securities firms National Banking Set minimum capital requ…

1) (MPC and MPS) If consumption increasesby $12 billion when real disposable inc

1)   (MPC and MPS)        If consumption increasesby $12 billion when real disposable income increases by        $15billion, what isthe value of the MPC? What is the relationship …

1) (Monetary Control) Suppose the money supply is currently $500 billion and the

1) (Monetary Control) Suppose the money supply is currently $500 billion and the Fed wishes to increase it by $100 billion. a.  Given a required reserve ratio of 0.25, what should…

1) (a) What is market concentration and how can you know whether a market is con

1) (a) What is market concentration and how can you know whether a market is concentrated or not? (b) What are the causes of market concentration? (c) Are business mergers good or…

1) .When the economy is in equilibrium at a point on the vertical segment of the

1) .When the economy is in equilibrium at a point on the vertical segment of the aggregate supply curve, an increase in government spending will a.      cause a dramatic increase …

1) 2) Consider the figure to the right showing the long-run aggregate supply (LR

1) 2) Consider the figure to the right showing the long-run aggregate supply (LRAS) and the aggregate demand (AD) curves. LRAS Suppose that the long-run aggregate supply curve mov…

1) 2) This Question: 12 pts This Test: 88 pts 14 of 15 comp Angie bakes deliciou

1) 2) This Question: 12 pts This Test: 88 pts 14 of 15 comp Angie bakes delicious cookies. Her total fixed cost is S49 a day, and her average variable cost is $2 a bag. Few people…

1) A $2000 tax levied on the maker of MRIs cars will cause: Select one: a. an up

1) A $2000 tax levied on the maker of MRIs cars will cause: Select one: a. an upward movement along the supply curve as the price of MRIs rises. b. a downward movement along the s…

1) A Dog’s Dinner Arfyummies and Woofstuff are rival pet food companies and are

1) A Dog’s Dinner Arfyummies and Woofstuff are rival pet food companies and are choosing among advertising media. Their strategies are the advertising media that they might choose…

1) A Type II error is: A) the probability of rejecting the alternative hypothesi

1) A Type II error is: A) the probability of rejecting the alternative hypothesis when the alternative is true. b) the probability of rejecting the null hypothesis when the altern…

1) A bank can lend out its excess reserves but not its required reserves. style=

1) A bank can lend out its excess reserves but not its required reserves.style="color: rgb(17, 17, 17); font-family: 'lucida grande', arial, sans-serif; font-size: small; line-hei…

1) A bank could increase asset sensitivity if gap is negative by: 2) A bank coul

1) A bank could increase asset sensitivity if gap is negative by: 2) A bank could reduce the magnitude of its negative gap (make it closer to zero) by: 3) Problems with GAP includ…

1) A bank has $100 million of checking deposits, a 6 percent required reserve ra

1) A bank has $100 million of checking deposits, a 6 percent required reserve ratio and $2 million of excess reserves. What is the banks actual total reserves? Select one: a. $2 m…

1) A bill was recently introduced in the US Congress to limit greenhouse gas emi

1) A bill was recently introduced in the US Congress to limit greenhouse gas emissions from electricity generation and require electricity producers to generate a minimum percenta…

1) A coalition is best defined as a group of two or more individuals who combine

1) A coalition is best defined as a group of two or more individuals who combine their resources to affect the decision outcome of a mixed-motive situation involving at least thre…

1) A constant price elasticity of demand curve is one whose: a) slope is the sam

1) A constant price elasticity of demand curve is one whose: a) slope is the same at very point on the curve b) price elasticity of demand is the same at every point on thecurve c…

1) A decision-maker should acquire new information: A: only if it can be acquire

1) A decision-maker should acquire new information: A: only if it can be acquired at a low cost. B: only if its expected value is greater than its cost C: whenever the information…

1) A farm can produce 1,000 bushels of wheat per year with 2workers and 1,300 bu

1) A farm can produce 1,000 bushels of wheat per year with 2workers and 1,300 bushels of wheat per year with 3 workers. Themarginal product of the third worker is: a) 100 bushels …

1) A firm has accounts receivable of $50 million and sales of $250 million per y

1) A firm has accounts receivable of $50 million and sales of $250 million per year. What is the collection period in days? 2) A member of your management team says he has reduced…

1) A firm has accounts receivable of $50 million and sales of $250 million per y

1) A firm has accounts receivable of $50 million and sales of $250 million per year. What is the collection period in days? 2) A member of your management team says he has reduced…

1) A firm is ___ to engage in investment spending when the return on investment

1) A firm is ___ to engage in investment spending when the return on investment is ___ than the cost of capital. a. likely and riskier b. likely and greater c. unlikely and greate…

1) A firm’s marginal cost of production will increase with a rise in the output

1) A firm’s marginal cost of production will increase with a rise in the output level due to: decreasing returns to scale.        constant returns to scale. economies of scale.   …

1) A firm’s marginal cost of production will increase with a rise in the output

1) A firm’s marginal cost of production will increase with a rise in the output level due to: decreasing returns to scale.        constant returns to scale. economies of scale.   …

1) A friend offers you a loan at an interest rate of 0.1% PER DAY. What is the n

1) A friend offers you a loan at an interest rate of 0.1% PER DAY. What is the nominal (also known as the APR or Annual Percentage Rate) rate for this loan? Answer________________…

1) A government program which reduced dollar welfare benefits to the poor equal

1) A government program which reduced dollar welfare benefits to the poor equal to what the poor earned in the labor market would Select one: a. create incentives to work b. elimi…

1) A key feature of oligopoly is _____ A) Strategic interdependence B) Differnti

1) A key feature of oligopoly is _____    A) Strategic interdependence    B) Differntiated out    C) Standardized output    D) No significant barries to entry    E) None of these …

1) A machine costs $20,000 today and has an estimated scrap cash value of $2000

1) A machine costs $20,000 today and has an estimated scrap cash value of $2000 after eight years. Inflation is 8% per year. The effective annual interest rate earned on money inv…

1) A major disadvantage of a partnership is that partners may disagree on how to

1) A major disadvantage of a partnership is that partners may disagree on how to operate the business and divide the profits. True False 2) Liability is a major issue in the forma…