Economics
58545 questions • Page 957 / 1171
The sticky-price theory of the short-run aggregate supply curve says that if the
The sticky-price theory of the short-run aggregate supply curve says that if the price level rises by 5% and people were expecting it to rise by 2%, then firms have a. higher than…
The stimulus package enacted by the Federal government in 2009 was intended to:
The stimulus package enacted by the Federal government in 2009 was intended to: Shift the aggregate expenditures schedule down Close an inflationary expenditures-gap Bring inflati…
The strategic plan of a solar energy company that manufactures high-efficiency s
The strategic plan of a solar energy company that manufactures high-efficiency solar cells includes an expansion of its physical plant in 4 years. The engineer in charge of planni…
The streets around the common of a small isolated upstate New York village are c
The streets around the common of a small isolated upstate New York village are currently unlit. The villagers must decide whether to install streetlights and how many to install. …
The strengths of the British National Health System include GP shareholders runn
The strengths of the British National Health System include GP shareholders running their practices like U.S. HMOs. the ability of critically-ill patients to jump to the top of sl…
The strongest trademarks are those that are: (1pts) distinctive, fanciful, arbit
The strongest trademarks are those that are: (1pts) distinctive, fanciful, arbitrary and generic descriptive or personal without secondary meaning descriptive, personal, or geogra…
The structural deficit can be used to estimate the thrust of current fiscal poli
The structural deficit can be used to estimate the thrust of current fiscal policy. True False During the real estate boom of the early 2000s, some banks operated with leverage ra…
The structural engineering design section within the engineering department of a
The structural engineering design section within the engineering department of a regional electrical utility corporation has developed several standard designs for a group of simi…
The structural engineering design section within the engineering department of a
The structural engineering design section within the engineering department of a regional electrical utility corporation has developed several standard designs for a group of simi…
The student chapter of the American Society of Mechanical Engineers is planning
The student chapter of the American Society of Mechanical Engineers is planning a six-day trip to the national conference in Albany, NY. For transportation, the group will rent a …
The study of price discrimination is both interesting and complex because A. the
The study of price discrimination is both interesting and complex because A. there is no single model that represents how it is practiced in each firm or industry. B. the single m…
The subject is Enterprenourship and small business The Question is prepare a rep
The subject is Enterprenourship and small business The Question is prepare a report or discuss on detail about PRODUCT MANAGEMENT IN SMALL BUSINESS. The Report May be maximum of 2…
The subject is STRATEGIC MARKETING MANAGEMEN T CASE STUDY I FORD CARS GO IN FOR
The subject is STRATEGIC MARKETING MANAGEMENT CASE STUDY I FORD CARS GO IN FOR A SERVICE To many people, cars come pretty close to the goodsdominant extreme of a goods–services…
The subject is STRATEGIC MARKETING MANAGEMENT CASE STUDY BUYER BEHAVIOUR AND REL
The subject is STRATEGIC MARKETING MANAGEMENT CASE STUDY BUYER BEHAVIOUR AND RELATIONSHIP DEVELOPMENT RESEARCH COMPANY TRIES TO SHOW THAT YOU CAN ONLY UNDERSTAND CONSUMER BEHAVIOU…
The substitution bias in the consumer price index refers to the: a. substitution
The substitution bias in the consumer price index refers to the: a. substitution by consumers toward new goods and away from old goods. b. substitution by consumers toward a small…
The substitution bias in the consumer priceindex refers to the A. substitution b
The substitution bias in the consumer priceindex refers to the A. substitution by consumers of new goods for oldgoods. B. substitution by consumers of a smaller number ofhigh-…
The substitution effect insures that anytime there is a change in the price of a
The substitution effect insures that anytime there is a change in the price of a good, the quantity demanded along a compensated demand curve also changes. True False When the qua…
The substitution effect of a price change refers to: A) the movement along the d
The substitution effect of a price change refers to: A) the movement along the demand curve due to a change in purchasing power brought about by the price change. B) the shift of …
The substitution effect reflects how a consumer will react to a) a different mar
The substitution effect reflects how a consumer will react to a) a different marginal rate of substitution. b) a different market rate of substitution. c) a different level of rea…
The success of a cartel rests upon discouraging some firms in the market from jo
The success of a cartel rests upon discouraging some firms in the market from joining inducing all members lo differentiate their products and charge different prices making exit …
The sum of all compensation to employees, rents, interest (excluding interest on
The sum of all compensation to employees, rents, interest (excluding interest on the public debt and interest paid by consumers) and profits (both corporate and non-corporate) ear…
The supply and d in the market for used tablets. Use the black point (plus symbo
The supply and d in the market for used tablets. Use the black point (plus symbol) to indicate the equilibrium price and quantity of used tablets. Then use the green point (triang…
The supply and demand for 15 pound turkeys at one grocery store is as follows: `
The supply and demand for 15 pound turkeys at one grocery store is as follows: ` Quantity Supplied Price Quantity Demanded …
The supply and demand for Mandarin-English translators is given by Supply: L = 1
The supply and demand for Mandarin-English translators is given by Supply: L = 150 Demand : L=200 - 5w, where L denotes level of employment and w denotes wages. The supply and dem…
The supply and demand for soda in a market is represented by Q D = 12 – 8 P Q S
The supply and demand for soda in a market is represented by QD = 12 – 8P QS = 50P – 60 Where Q is in millions of bottles per year and P is dollars per bottle, The current equili…
The supply and demand for wheat are given by QS= 20 + 100p QD = 4000 - 100p +10Y
The supply and demand for wheat are given by QS= 20 + 100p QD = 4000 - 100p +10Y Where Y is the average consumer income. a. Solve for the equilibrium price and quantity as funct…
The supply and demand model is the most basic tool we use in economics. Its most
The supply and demand model is the most basic tool we use in economics. Its most direct use is for explaining the price and quantity outcome in a specific market. The model reveal…
The supply curve for a product represents the A) marginal cost of producing each
The supply curve for a product represents the A) marginal cost of producing each additional unit of output B) minimum price a supplier would accept for each unit of output C) quan…
The supply curve for natural gas coming into Germany is P=10+2Q. You are the sol
The supply curve for natural gas coming into Germany is P=10+2Q. You are the sole buyer (a monopsony) of natural gas coming into Germany. Then you will sell natural gas in the d…
The supply curve for this perfectly competitive firm is the segment of the: A) a
The supply curve for this perfectly competitive firm is the segment of the: A) average total cost curve above point D. C) marginal cost curve above point C. …
The supply curve of the perfectly competitive firm in the short run is equal to:
The supply curve of the perfectly competitive firm in the short run is equal to: A. The ATC curve above minimum AVC B. The marginal cost curve above minimum AVC C. The AVC curve a…
The supply curve that monopsonists face is different from thesupply curves that
The supply curve that monopsonists face is different from thesupply curves that firms in competitive labor markets face becausewith a monopsony, A)the employer faces the market su…
The supply of aged cheddar cheese is inelastic, and the supply of bread is elast
The supply of aged cheddar cheese is inelastic, and the supply of bread is elastic. Both goods are considered to be normal goods by a majority of consumers. Suppose that a large i…
The supply of apartments in New York City is inelastic, and the demand for apart
The supply of apartments in New York City is inelastic, and the demand for apartments is elastic. The city introduces a tax on apartment rentals. The morethe demand and the moreth…
The supply of coffee is Q s = 2.0+0.2P, where quantity is in billions of pounds
The supply of coffee is Qs= 2.0+0.2P, where quantity is in billions of pounds and price is dollars per pound. The price elasticity of demand for coffee is about -0.3, the current …
The supply of loanable funds increases. A. when the demand for loanable funds in
The supply of loanable funds increases. A. when the demand for loanable funds increases B. when people increase saving as the real interest rate rises C. when disposable income in…
The supply side theory was discredited because of all of the following reasons,
The supply side theory was discredited because of all of the following reasons, except a) Reducing tax rates produced mixed effects as some people chose not to work more but to in…
The survey by the Pew Internet and American Life Project showed about 14 per cen
The survey by the Pew Internet and American Life Project showed about 14 per cent of Americans downloaded music files over the internet in the four weeks ending on December 14. Th…
The sytem of social security is based on young working people paying taxes to su
The sytem of social security is based on young working people paying taxes to suport older retired people. the dependecy ratio is the number of workers to retirees. Forty years ag…
The tabla shows soma of Brazil\'s production possibilities for ethanol and food
The tabla shows soma of Brazil's production possibilities for ethanol and food crops Complete the following statements Marginal cost of a good is O A. dapendent on a persan's pref…
The table above is consumer demand for widgets as a function of price. Suppose w
The table above is consumer demand for widgets as a function of price. Suppose widgets have a fixed cost of 0, and MC = ATC = 2. Answer the following questions without calculating…
The table above lists the value of ice cream sales, the population (which varies
The table above lists the value of ice cream sales, the population (which varies because of tourism) and the temperature in the tourist town of Sorriento each week during the summ…
The table above shows the demand and cost data facing a monopolistically competi
The table above shows the demand and cost data facing a monopolistically competitive producer of canvas bags. a. What are the firm's profit-maximizing or loss-minimizing price and…
The table above shows the demand for and supply of rental housing in Crainsboro.
The table above shows the demand for and supply of rental housing in Crainsboro. The city government is considering imposing a rent ceiling of $700 a month. With the rent ceiling,…
The table above shows the output per week of two jewelers, Serena and Haley. The
The table above shows the output per week of two jewelers, Serena and Haley. They can either devote their time to making bracelets or making necklaces. Who has the absolute advant…
The table above shows the situation in the gasoline market in Tulsa. Oklahoma. I
The table above shows the situation in the gasoline market in Tulsa. Oklahoma. If the prce of a galon of gasoline is $3.65, then there is a surplus of gasoline in Tuba there is a …
The table above shows the situation in the gasoline market inTulsa, Oklahoma. If
The table above shows the situation in the gasoline market inTulsa, Oklahoma. If the price of a gallon of gasoline is $1.62,then there is a shortage of gasoline in Tulsa. the gaso…
The table above shows the total product schedule for The X Firm. Decreasing marg
The table above shows the total product schedule for The X Firm. Decreasing marginal returns occur with the worker because 6th; output starts to decline 6th; the marginal product …
The table and diagram below show the cost and demand data for a in palm reading
The table and diagram below show the cost and demand data for a in palm reading services in a midsize town Q corresponds to the number of customers served daily For your convenien…
The table and graph below describe the supply of umbrellas per month in Peoria.
The table and graph below describe the supply of umbrellas per month in Peoria. A. Using the midpoint method, what is the price elasticity of supply starting at a price of $40 per…
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