Economics

The island nation of Maldives has 70,000 households. Each household receives a m

The island nation of Maldives has 70,000 households. Each household receives a marginal benefit from Coast Guard security of MB = 60 – 0.30Q, where Q measures the number of patrol…

The isolated nation of Islandia currently does not trade with other countries. T

The isolated nation of Islandia currently does not trade with other countries. The banking system of Islandia consists of four commercial banks—these banks deal with consumers and…

The issue of correlation is critical to the level of diversification in a portfo

The issue of correlation is critical to the level of diversification in a portfolio. There is a saying in the investing community that "correlation between assets increases during…

The items below will cause either an increase (represented in the graph as a shi

The items below will cause either an increase (represented in the graph as a shift from MDI to MD3) or a decrease (from MD1 to MD2) in the demand for money. Place each item below …

The items included in the CPI are final goods produced in the United States. fin

The items included in the CPI are final goods produced in the United States. final goods and services produced in the United States. goods and services consumed by the typical urb…

The items listed below relate to either the natural rate of unemployment or cycl

The items listed below relate to either the natural rate of unemployment or cyclical unemployment. Sort them correctly and be sure to place ALL items. Natural Rate of Unemployment…

The items listed below relate to either the natural rate of unemployment or cycl

The items listed below relate to either the natural rate of unemployment or cyclical unemployment. Sort them correctly and be sure to place ALL items. The items listed below relat…

The items to the right describe policies that will cause aggregate demand (AD) t

The items to the right describe policies that will cause aggregate demand (AD) to shift from AD1 to AD2. Drag each scenario into the box adjacent to the graph showing the correspo…

The ive-dollar Burger Joint gift card that your friend gave you for your birthda

The ive-dollar Burger Joint gift card that your friend gave you for your birthday expires today. You can either use the gift card to buy yourself dinner at Burger Joint, or you ca…

The key feature that makes Monopolistic Competition different from Oligopoly is

The key feature that makes Monopolistic Competition different from Oligopoly is A. Product differentiation B. Monopolistic Competitors attempt to maximize profits, but Oligopolist…

The key issue in determining the efficiency of public versusprivate ownership of

The key issue in determining the efficiency of public versusprivate ownership of a monopoly is a.the tendency for efficient management of publicly ownedenterprises. b. the inabili…

The key issue in determining the efficiency of public versusprivate ownership of

The key issue in determining the efficiency of public versusprivate ownership of a monopoly is a.the tendency for efficient management of publicly ownedenterprises. b.the inabilit…

The kingdom Parawara has two provinces: Northville and Southton. Each province c

The kingdom Parawara has two provinces: Northville and Southton. Each province consists of two groups of residents, nobles and peasants. A recent study on the two provinces shows …

The kingdom of Arendelle has equal numbers of two types of workers, domestic ser

The kingdom of Arendelle has equal numbers of two types of workers, domestic servants and ice sellers, which both earn $1,000 per week. All workers face a risk of being laid off n…

The kinked demand curve and cost curves above show what Company A is facing in t

The kinked demand curve and cost curves above show what Company A is facing in the market. A) How many units will the firm produce f the firm's marginal cost is MC0? B) What price…

The kinked demand model indicates that non-collusive firms in an oligopolistic i

The kinked demand model indicates that non-collusive firms in an oligopolistic industry would: Ignore all price changes by his competitor. Match price cuts by his competitor, but …

The klein corporations marketing department, using regression analysis estimated

The klein corporations marketing department, using regression analysis estimated the firms demand function. The result of this estimation was: Q=-104 -2.1P +3.2I +1.5A +1.6Z Where…

The labor agreement stipulates that \"changes in the work schedule\" must be \"m

The labor agreement stipulates that "changes in the work schedule" must be "mutually agreeable to both the company and the union." Gryzmisk, who has refused to work 6 hours of ove…

The labor cost of using a unit of land is $25, the capital cost is $15 and a nor

The labor cost of using a unit of land is $25, the capital cost is $15 and a normal rate of return for the investment is $12. The revenue for using the land is $65. The economic r…

The labor demand and labor supply schedules are given in the table above. If a m

The labor demand and labor supply schedules are given in the table above. If a minimum wage of $6 per hour is imposed, a)a surplus of 300 workers occurs. b)900 workers are employe…

The labor force is the number of employed people plus the number of unemployed p

The labor force is the number of employed people plus the number of unemployed people. total population divided by the number of employed people. number of employed people in the …

The labor force of an island country consists of only five workers. There are on

The labor force of an island country consists of only five workers. There are only two industries in this island, one producing X and the other producing Y. The following graph sh…

The labor supply curve faced by a large firm in a small city is given by w = 60

The labor supply curve faced by a large firm in a small city is given by w = 60 + 0.08L, where L is the number of units of labor per week hired by the large firm and w is the week…

The larger the number of firms in an industry, the easier it is to implicitly co

The larger the number of firms in an industry, the easier it is to implicitly collude to fix prices. the more intense the rivalry among firms. the greater the need for a price enf…

The largest component of spending in the circular flow model is: Investment Cons

The largest component of spending in the circular flow model is: Investment Consumption Net exports Government spending We deliberately choose to omit some factors from GDP such a…

The last blank is decrease or increase 2. The effect of transaction costs on dec

The last blank is decrease or increase 2. The effect of transaction costs on decision-making Aa Aa This Wendy's commercial confuses the notions of appreciation and consumer surplu…

The last episode of the HyperHero saga is exclusively published by SIT press. Th

The last episode of the HyperHero saga is exclusively published by SIT press. The market demand for it is represented by the function p (x) = 10 - x where x represents the number …

The last episode of the HyperHero saga is exclusively published by SIT press. Th

The last episode of the HyperHero saga is exclusively published by SIT press. The market demand for it is represented by the function p (x) = 10 - x where x represents the number …

The last major business downturn in the United States occurred in the early 1980

The last major business downturn in the United States occurred in the early 1980s. Consider the data on real GDP and the prince level in Table 20-2. a. For the years 1981 to 1985,…

The last question , the first part answer choices are increase or decrease to .3

The last question , the first part answer choices are increase or decrease to .30 , .70 , .50 , .90 then it says Macy profit is now 72,000, 48,000, 120,000 or 64,000 per day and m…

The last step in evaluating equivalent methods to remove airborne particulate ma

The last step in evaluating equivalent methods to remove airborne particulate matter from clean rooms is after tax flow analysis. Using the information shown,MACRS depreciation fo…

The last time The Economist checked, a Big Mac costs $5.30 in the US while it co

The last time The Economist checked, a Big Mac costs $5.30 in the US while it costs 16.9 Israeli Shekel (NSI) in Israel. If the actual exchange rate is 3.54 NSI/USD, then the Isra…

The last time the U.S had “stagflation” was during Democrat Jimmy Carter’s presi

The last time the U.S had “stagflation” was during Democrat Jimmy Carter’s presidency between 1976 and 1980. “Stagflation” usually occurs when the: A) inflation rate rises and GDP…

The last two answers, for the first box is increased or decreased. For the last

The last two answers, for the first box is increased or decreased. For the last box is an inferior good or normal good Thank you in advance! 6. Income and substitution effects Cla…

The last two are incorrect 0.5/1 pts PartialQuestion 1 In this question we want

The last two are incorrect 0.5/1 pts PartialQuestion 1 In this question we want to figure out how different MPC values and tax rates affect the value of the expenditure multiplier…

The latest Japanese toy craze to hit the U.S. is the \'Fluffy Puppy and Friends,

The latest Japanese toy craze to hit the U.S. is the 'Fluffy Puppy and Friends,' which is made by Fluffy Puppy, Inc. headquartered in Tokyo, Japan. At the end of the year, Fluffy …

The latin phrase ceteris parabus means: Oall goods are economically equal ocusto

The latin phrase ceteris parabus means: Oall goods are economically equal ocustomens should mind thir own buiness O complimentarty goods are better than substitutionary goods. O a…

The law firm of Dewey, Cheetham, and Howe files claims against unscrupulous car

The law firm of Dewey, Cheetham, and Howe files claims against unscrupulous car repair shops that take advantage of consumers who know nothing about cars. A lawyer who takes a 20-…

The law in your state allows an employer to create an enforceable agreement that

The law in your state allows an employer to create an enforceable agreement that restricts an employee’s post-employment activities as long as the restriction is “reasonable” in t…

The law of decreasing returns states that as a firm uses more of a Select one: o

The law of decreasing returns states that as a firm uses more of a Select one: o a. fixed input, with a given quantity of variable inputs, the marginal product of the fixed input …

The law of decreasing returns states that as a firm uses more of a Select one: o

The law of decreasing returns states that as a firm uses more of a Select one: o a. fixed input, with a given quantity of variable inputs, the marginal product of the fixed input …

The law of demand states that: A. The demand for a good will decrease if the sup

The law of demand states that: A.  The demand for a good will decrease if the supply of the good decreases B.  The price of a good and the quantity of the good demanded are positi…

The law of diminishing marginal product (or returns) states that: O as more and

The law of diminishing marginal product (or returns) states that: O as more and more of a variable input, such as labor, is employed to a short-run production process, beyond a po…

The law of diminishing marginal product is reflected in a firm\'s short run prod

The law of diminishing marginal product is reflected in a firm's short run production function and also several of its costs curves. The shapes of which cost curves reflect the la…

The law of diminishing marginal productivity states that As you expand output, y

The law of diminishing marginal productivity states that As you expand output, your marginal productivity eventually increases As you expand output, your marginal productivity eve…

The law of diminishing marginal utility implies supply curves always slope upwar

The law of diminishing marginal utility implies supply curves always slope upward. total utility will always increase by an increasing amount as consumption increases. a consumer …

The law of diminishing marginal utility implies that the demand for all goods wi

The law of diminishing marginal utility implies that the demand for all goods will be elastic. people become worse off as they consume more. the demand for all goods will be inela…

The law of diminishing marginal utility says that as consumption of one good inc

The law of diminishing marginal utility says that as consumption of one good increases relative to other goods, the additional satisfaction gained from consuming yet another unit …

The law of diminishing returns implies that: a given percentage increase in all

The law of diminishing returns implies that: a given percentage increase in all inputs leads to that same percentage increase in output. a given percentage increase in all inputs …

The law of eventually diminishing marginal returns: (Points : 1) a. states that

The law of eventually diminishing marginal returns: (Points : 1)                                           a. states that each and every increase in the amount of the variable fac…