economic
what is the Production possibility frontier
Of all the profits made by the U.S. firms, corporations account for regarding: (1) Less than 10 percent. (2) Between 10 percent and 20 percent. (3) Between 20 percent and 40 percent. (4) More than 40 percent. Can someone please hel
Whenever decision makers select not to pursue further information as the expected reward for the searching for it does not surpass its expected cost, the outcome is: (1) Adverse choice. (2) Consumer exploitation. (3) Unintended effects. (4) Asymmetric information. (5)
Jana chugs 5 big cups of Gatorade in five minutes after winning the marathon. Jana’s marginal utility is much likely to be: (1) Equivalent for each cup as she was very thirsty. (2) Maximized at 3 cups, when she is reaching the equilibrium. (3) Diminishing whenev
The firm probable to encompass significant monopsony power in its labor market would be: (1) Big cotton farm in the Texas hiring migrant workers. (2) Textile producer in the Hong Kong hiring factory workers. (3) Janitorial service firm in London hiring the maintenance
A main cause of oligopolies is: (w) mergers. (x) economies of scale. (y) barriers to entry. (z) all of the above. Please choose the right answer from above...I want your suggestion for the same.
Short-run supply curve of a purely competitive firm’s is: (w) its MC curve above the minimum of the AVC curve. (x) the upward sloping part of its ATC curve. (y) the intersection where is MR = MC. (z) horizontal up to the firm’s productive
The change in profit by producing an extra unit of good equivalents: (w) marginal revenue [MR]. (x) marginal revenue minus marginal cost [MR – MC]. (y) MR = MC. (z) ATC - AVC. Hello guys I want your advice. P
The Christmas tree industry’s short-run supply is demonstrated as: (1) curve A. (2) curve B. (3) curve E. (4) curve F. (5) curve G. Q : Greatest percentage rate of return The The greatest percentage rate of return would be generated through a financial investment which yielded: (w) annual income = $1,000; current price = $10,000. (x) monthly income = $100; current price = $24,000. (y) annual income = $1,200; current price = $10,800. (z) an
The greatest percentage rate of return would be generated through a financial investment which yielded: (w) annual income = $1,000; current price = $10,000. (x) monthly income = $100; current price = $24,000. (y) annual income = $1,200; current price = $10,800. (z) an
Though all the time a negative number that the ______ is commonly stated like an absolute value to specify discussions. (w) price elasticity of demand (x) income elasticity of demand (y) price cross elasticity of demand (z) price elasticity of supply<
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