Intermediate economics hw help
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Choose the right answer . A positive statement is concerned with: A) some goal that is desirable to society. B) what should be. C) what is. D) the formulation of economic policy.
State drawbacks of barter system: A) Both sale and purchase must take place concurrently implying double coincidence of wants. B) There is no general unit of exchange in barter system, accordingly exchange s
Total revenue equals: (w) price times quantity. (x) marginal revenue times marginal cost. (y) profit per unit of output. (z) total cost minus profit. Please choose the right answer from above...I want your suggesti
Interest Rate Price Risk: The risk which occurs for bond owners from fluctuating interest rates is termed as interest rate risk. How much interest rate risk a bond has based on how sensitive its price is to interest rate modifications.
Billy recently invented and in that case patented a motorized flying skateboard which transports people to and from their destinations in less than half the time this would take to ride or drive a bus. Billy is protected from competition from a: (1) regulatory barrier
Probable reasons for this shift of demand curve from D0 to D1 would not comprise: (1) lowering the lowest age for a driver’s license. (2) Reduces in the prices of ski boats. (3) Raised prices for airline tickets. (4) Decrease in the relative price of gasoline. (
When the rate of return you calculate on an asset exceeds the interest rate: (1) competition for profit must make its price fall rapidly. (2) the price must fall rapidly. (3) the market is in long term equilibrium. (4) you should igno
If estimating the nature of a probability function for an event entails considerable guesswork since experience along with the event is more sporadic or rare which any estimates are extremely speculative, in that case we confront a concept Fra
Assume that technological advances considerably lower costs for Honda. Hence which of the given statements is true: (w) when Honda lowers prices, rivals will rightfully accuse the firm of predatory pricing (x) when Honda raises prices, rivals will rightfully accuse th
What is involuntary unemployment: The people who are willing to work at given wage rate do not obtain work.
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