Question 1 5 out of 5 points Economic profit is defined as the difference between revenue and ________________. Selected Answer: total economic cost Correct Answer: total economic cost Question 2 5 out of 5 points In the shareholder wealth maximization model, the value of a firm's stock is equal to the present value of all expected future ___________ discounted at the stockholders' required rate of return. Selected Answer: profits Correct Answer: profits Question 3 0 out of 5 points A typical factor that creates principal-agent problems is Selected Answer: the greater number of agents relative to the number of principals Correct Answer: …show more content…
Correct Answer: c.Demand is elastic and marginal revenue is positive. Question 19 0 out of 5 points An increase in the exchange rate of the U.S. dollar relative to a trading partner can result from Selected Answer: higher interest rates and higher inflation in the U.S. Correct Answer: higher growth rates in the trading partner's economy Question 20 5 out of 5 points An appreciation of the U.S. dollar has what impact on U.S. manufacturers? Selected Answer: domestic sales decrease and foreign sales decrease Correct Answer: domestic sales decrease and foreign sales decrease Question 21 0 out of 5 points In an open economy with few capital restrictions and substantial import-export trade, a rise in interest rates and a decline in the producer price index of inflation will Selected Answer: lower the nominal interest rate Correct Answer: raise the value of the currency Question 22 0 out of 5 points The marginal rate of technical substitution may be defined as all of the following except: Selected Answer: equal to the negative slope of the isoquant at any point on the isoquant Correct Answer: the rate at which all combinations of inputs have equal total costs Question 23 5 out of 5 points The marginal product is defined as: Selected Answer:
There are many of us out there that constantly ask ourselves, “how exactly does the U.S. economy work?” During an inflation we might conclude that we have an Economic problem, on the other hand, if we have a huge increase of jobs; we might then conclude that as an economy we are doing a good job. There are many factors that one needs to consider in order to come to a conclusion on whether we are doing a good or bad job in the economy. I will be touching base on some of the various microeconomics tools that we can use to describe the changes in supply or demand. I will also be discussing the history behind this material and the governments involvement behind this process. We all use the laws of supply
The economy of Brazil is in the top ten largest economies along with the United States. It is the biggest in Latin America. Actually it is the seventh largest in the world. Brazil has used its newly found economic mechanism to syndicate its outcome in South America and show more of a role in the Global Businesses. The Obama Administration’s National Security Strategy recognizes Brazil as a developing center of effect, and greets the management of the country’s joint and global issues. The United States and Brazil associations mostly have been good in the recent years. But Brazil has other strengthening relations with neighboring countries and expanding ties with nontraditional partners in the South that’s developing.
Imagine that you have decided to open a small ice cream stand on campus called "Ice-Campusades." You are very excited because you love ice cream (delicious!) and this is a fun way for you to apply your business and economics skills! Here is the first month's scenario--you order the same number (and the same variety) of ice creams each day from the ice cream suppliers, and your ice creams are always marked at $1.50 each. However, you notice that there are days when ice creams remain unsold but other days when there are not enough ice creams for the number of customers.
-Mohair farmers have earned a subsidy from the federal government for decades because the mohair farmers can get large payments from the government without taxpayers ever really noticing because the farmers who get the subsidy care a lot about it, while the rest of us taxpayers (paying mere pennies extra in taxes) do not really care. And, “any politician with a preference for job security can calculate that a vote for the mohair subsidy will earn the strong support of the mohair farmers while costing nothing among other voters” (Wheelan 177).
Answer the next question on the basis of the following production possibilities tables for countries Alpha and Beta:
The bank rate is the interest rate at which the Bank of Canada stands ready to lend reserves to chartered banks. The banker 's deposit rate is the interest rate that the Bank of Canada pays banks on their deposits at the Bank of Canada. Changes to these rates by the Bank of Canada typically spread to other interest rates and therefore will influence the amount of lending done by the banks.
Which of the following is not a requirement to become registered in PEO (Professional Engineers of Ontario)
Smoking is recognised as the largest single preventable cause of death and disease in Australia. It is associated with an increased risk of heart disease, stroke, cancer, emphysema, bronchitis, asthma, renal disease and eye disease. Tobacco contains the powerfully addictive stimulant nicotine, which can make smoking a regular and long-term habit that is not easy to quit (Australian Bureau of Statistics, 2014). Statistics show
When an input (machinery, components, capital, labor, etc.) is denominated in a foreign currency, the risk exists that an unfavorable exchange rate movement will increase the cost of doing business. When the products are priced and sold in a foreign currency, an adverse exchange rate movement will make the product appear more expensive to consumers, decreasing demand or forcing the company to reduce its own profit margin to maintain lower price levels. For companies with integrated international business systems, an exchange rate shock can literally force them out of business, with their operations experiencing pressures from both cost and profit centers.
Humanities: Hamanities classes are all about the human. These types of classes focus on cultural values, history and Art.
In the shareholder wealth maximization model, the value of a firm's stock is equal to the present value of all expected future ____ discounted at the stockholders' required rate of return.
Recently, the American Medical Association changed its recommendations on the frequency of pap-smear exams for women. The new frequency recommendation was designed to address the family histories of the patients. The optimal frequency should be where the marginal benefit of an additional pap-test:
Your paper should be between 1750 and 2500 words, in APA format and structured as follows:
This research topic is significant to the current property market in Singapore and its sudden increased demand for houses despite the economic downturn, exploring deeper as to whether the government policies were the real influential causes to this boom in property demand. It has relevance to the economic concepts of demand and supply, elasticity, inflation and monopolistic competition. This topic is worthy of investigation because it is a hot media topic in Singapore, and is widely debated in the country because it’s the most expensive household asset.[2]
| The shift would move the production-possibilities curve away from the origin, so that we can get more of both goods.