Economics question and answers for July 16, 2023
- Q four studies of NBA player salaries conducted during the period of 1980 to 2000. These studies concluded that discrimination in wages Option A did occur, and the outcome is consistent with a monopsony...
- Q Charge capture is also referred to as: Patient claim chargesPhysician claim charges Data Capture Claim Capture
- Q §How does the budget constraint represent the choices a consumer can afford? §How do indifference curves represent the consumer’s preferences? §What determines how a consumer divides her resources between two goods? §How does...
- Q Yosemite has a comparative advantage in the production of?- while Denali has a comparative advantage in the productionof?. Suppose that Yosemite and Denali specialize in the productionof the goods in...
- Q Gains from trade Suppose there exist two imaginary countries,Denali and Sequoia. Their labor forces are each capable ofsupplying four million hours per day that can be used to producealmonds, shorts,...
- Q q,are limitations on the quantity of certain types of goods thatcan be imported ov Export quotas Subsidies Import quotas Embargolevels Tariffs
- Q The third step of the Null-Scully method of estimating the value of a player (i.e. the marginal revenue product) is Option A Calculate Marginal Revenue by Linking TEAM REVENUE to WINS Option...
- Q Which of the following would create a natural monopoly? A. anexclushe right granted to supply a good or service B. a patentgravited the producer of the good or service. C....
- Q Comparative and absolute advantage David and Morgan are farmers.Each one owns a 12-acre plot of land. The following table shows theamount of zucchini and watermelon each farmer can produce per...
- Q In the past (when people were less mobile), "good" people seldommoved since they had too much to lose by doing so. Therefo badreputation was immediately under?and thus found it?to escape...
- Q what is one factor that makes consumers more likely to pay high prices for a product
- Q Identify five (5) determinants of price elusticity of demandwith each determinant, explain haw it increases or dectraseselustrity
- Q The crankerry manet is perfectly competive. Reports thatconsuming cranberries can lead to improved health result in apermanent Increase in the demand for cranberries and an immediateupward jump in the price...
- Q Thagine that you are given$1,000to spend and told that you must spend it al buying items from aSears' catalog. But you do tave a choice of catalog. You may selectfrom...
- Q The main incertive in capitalism is: high wages ????? lowtakation TEASONABlo interest rates as shorter work week
- Q Utility is often a?function of final wealth. linear nonlinear
- Q Quality Initiative Training can increase demand. decrease administrative costs. decrease R
- Q Employers who infer certain admirable traits about those withdegrees from elite universities are probably likely could not earndegrees from such institutions.?in doing so since people unwise safe
- Q If 4 workers are employed, and 35 pies are produced then production is Question 3Select one: a. technologically inefficient. b. technologically efficient. c. at capacity. d. over capacity. Clear my choice
- Q The reliance upon behavioral signals to reveal desirable traitsin a potential mate may be effective if such signals are?to fake. costly easy
- Q The "invisible hand" in a competitive market pushes the firms in the market toMultiple Choice0:04:05use resources and produce output that maximize consumer and producer surplus.produce an output level that allows them to earn...
- Q The "invisible hand" in a competitive market pushes the firms in the market toMultiple Choice0:04:05use resources and produce output that maximize consumer and producer surplus.produce an output level that allows them to earn...
- Q If 4 workers are employed, and 35 pies are produced then production is Question 3Select one: a. technologically inefficient. b. technologically efficient. c. at capacity. d. over capacity. Clear my choice
- Q what must the 4 ps of a good or service always do
- Q what must the 4 PS of a good or service always do
- Q /1600 Hint Question 2 of 16 Which is most likely to be a naturalmonopoly? a firm that provides electricity to all of the homes inLos Angeles a firm that owns...
- Q Often, especially in cases where little is known about anindividual,?consumption can send a signal of success and, therefore, ofability. conspicuous excessive
- Q ? Macmillan Learning A market can be described by theequationsQ_(d)=100-PandQ_(s)=P. What are the equilibrium price and quantity in this market?The equilibrium price is$50, and the equilibrium quantity is 50 units....
- Q Use cases for amazon shopping online system
- Q Somewhere in Pennsylvania, a natural gas company is extracting natural gas from a well using hydraulic fracturing. This technology requires the use of large amounts of water, which they pump out of a...
- Q Fiscal policy consists of A) Money supply and interest rates. B)Taxes and government spending. C) Taxes and interest rates.
- Q Consider a forest economy in which all timber stands are of equal quality and privately owned. Assume that the net price of harvested timber, 𝑝𝑝, is constant over time, as is the...
- Q Communication is more than simply a problem of informationtransfer when the communicating parties have?goals. conflicting
- Q Which of the following describes the balance between anindividual's work and personal life? A. Cost-benefit analysis B.Opportunity cost C. Work-life balance D. Leisure time E. Jobspecialization
- Q The tendency for a resource that has no price to be used until its marginal benefit falls to zero is referred to as:
- Q country is a(n) democracy. monopoly. perfect competition,monarchy. oligopoly.
- Q Finland is a huge consumer of coffee at 12kg of coffee per capita per year. What is the impact of a recession in Finland on equilibrium price and quantity of coffee? Group...
- Q .30PM,Thus May 20 254 tone ng.cengage.com CENGAGE MINDTAP Search thiscourse Homework Fiscal Policy Back to Assignment Attempts\table[[D,,]] Keep the Highest(0)/(1)Side effects of financing government spending Suppose thegovernment of Schoeneville wants...
- Q Kenya doesn't like her job, but it provides excellent health insurance. Kenya has multiple chronic health problems that she won't be able to afford to treat if she quits. Kenya's decision to stay...
- Q 2.187 The Happy Planet Index The website TED.com offers free short presentations, called TED Talks, on a variety of interesting subjects. One of the talks is called “The Happy Planet Index,” by Nic...
- Q Most states impose qualifications, such as a high school education, on those called for jury service. Group of answer choices True False
- Q Which of the following theories suggests that employees'motivation levels and job satisfaction depend on the fit betweentheir needs and abilities and the characteristics of the job andthe organization? A. Goal-setting...
- Q luestion 61 (1.515 points)?What is a risk associated with globalization? restrictions oncompetition global financial contagion excessive market regulationdifferentiation of markets estion 62 (1.515 points)
- Q 5. (2.5 points) Aggregate Demand 1. Assume that people enjoy seeing horror movies together. Draw a demand curve assuming that the more people see the movie, the more pleasure each gets from...
- Q Question 62 (1.515 points)?The relative decline of the United States in the share of w.exports reflects an increase in the barriers to foreign trade inthe Unite the deepening of the...
- Q Question 65 (1.515 points)?Which institution focuses on making low-interest loans togovernments in poor nations that wish to undertake signifiinvestments? the WTO the GATT the World Bank the IMF lestion 66(1.515...
- Q DEfusion occurs fasterif: O the concentration gradent for diffusion is lower O the area avaible for difuson is larger O the dstance for diflusion is farther O the diffusing molecule is large
- Q What+are+common+deficits+in+the+area+of+nonverbal+communication?
- Q TRUE or FALSE: Anteodles aqaing A R and iheus antigers are foondin the blood of a type Or recivient.?the?False
- Q The Haas Corporation’s executive vice president circulates a memo to the firm’s top management in which he argues for a reduction in the price of the firm’s product. He says that such...
- Q Question 55 (1.515 points)?q,occurs when a firm exports goods or services to con country.International trade Foreign direct investment Inward investmentOutsourcing uestion 56 (1.515 points)
- Q The GovTech Conference 2023's theme is focused on unpacking the platform economy and its regulatory implications. Relatedly, a significant issue to explore is: What primary obstacles are restricting efficient service delivery? Moreover, how...
- Q 5. (2.5 points) Aggregate Demand 1. Assume that people enjoy seeing horror movies together. Draw a demand curve assuming that the more people see the movie, the more pleasure each gets from...
- Q Question 59 (1.515 points)?Supporters of globalization maintain that the apparent decunskilled workers is due to technological changes and automationthat cr skilled workers. is due to the migration of low-wagemanufacturing jobs...
- Q 2. Recessions and price discrimination Suppose that you are the marketing manager of Citruscity, the only producer of tangelos in the imaginary economy of Blockburg. As a monopolist, Citruscity’s objective is to maximize...
- Q 2. Recessions and price discrimination Suppose that you are the marketing manager of Citruscity, the only producer of tangelos in the imaginary economy of Blockburg. As a monopolist, Citruscity’s objective is to maximize...
- Q Outline what is meant by opportunity cost. Then discuss the opportunity cost for government of pursuing universal basic income rather than universal basic services as a way of protecting people from any job...
- Q A royalty is defined as a payment made for the use of property, especially a patent, copyrighted work, franchise, or natural resource such as oil and gas.
- Q Question 44 (1.515 points) In a pure market economy, allproductive activities are owned by the state. production isdetermined by the interaction of marke demand. collectivist goalsare given priority over individual...
- Q Question 45 (1.515 points)?In several Western democracies, the poor performance because ofprotection from competition and guaranteed support, led toprivatization. nationalization. liberalization. socialization ofproduction. Question 46 (1.515 points)
- Q Question 49 (1.515 points)?The termq,stresses that the political, economic, a country areinterdependent. political economy common law socialism collectivismuestion 50 (1.515 points)
- Q Question 52 (1.515 points) In a?if demand for a product exceeds supply, prices producers toproduce more. mixed economy market economy collectivist economycommand economy uestion 53 (1.515 points)
- Q Question 36 (1.515 points) As a sixth dimension of Hofstede'swork,?refers relatively free gratification of basic and natural humandri and having fun. persistence indulgence reciprocation restraintQuestion 37 (1.515 points) Listen
- Q Gasoline sales often have a state excise tax built in to the price that is based on the quantity of fuel purchased rather than the price of the fuel purchased. True false...
- Q Liabilities extend to the final user of the product, regardlessof how many times it changes hands. The liability extending towholesalers, retailers, and to the froal user is known is yertlealprifity....
- Q What is the key point from Part 4's lecture? Interest chargesare the main burden imposed by the debt. A higher proportion of thedebt is owed to foreigners Does the debt...
- Q In Hoteling’s model of ice cream vendors on a beach, where do the competing vendors end up locating themselves?
- Q The Bureau of Justice Statistics provides findings from whichdata collection effort? National Crime Victimization Survey (NCVS)Uniform Crime Reporting tuck National Incident-Based ReportingSystem (NIBRS)
- Q Question 34 (1.515 points) What is the most widely spokenlanguage in the world and i the language of international business?Mandarin Spanish French English Question 35 (1.515 noints)
- Q Which of the following statements about moral hazard is most correct? Question 42 options: 1) Moral hazard means those individuals with greater health risk are more likely to purchase health insurance. 2) Unfortunately,...
- Q Which causes of water pollution are due to human activity?underground chemical storage themal pollution raw sewage Alf oftheref antwer choices are correct. stormwater runotf
- Q Desmond demands strawberries according to the scheduleP=16-(Q2), wherePis the price of strawberries ($/pint) andQis the quantity (pint/wk). Assuming that the income effect isnegligible, how much will he be hurt if...
- Q Question 30 (1.515 points) One reason for Japan's shift invalues away from collectivism individualism may be that richersocieties exhibit less need for social and material on collectives.individualism is a more...
- Q Time left 0:03:03 An OTA collaborates with a member of apsychosocial clubhouse to establish a social participation goal.The client has schizophrenia and lives alone. Which of thefollowing shortterm goals is...
- Q Question 22 (1.515 points) Expatriate managers may experiencemore than the usual violate their personal ethics because they aresurrounded by their ordinary social context and su arepsychologically and geographically closer to...
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