11points2 00:18:36(Last Word) According to recent research, which of the following best explains rising tuition costs over the past several years?Multiple Choiceincreased spending on technological infrastructure, including digital classrooms and internet connectivityincreased federal subsidies for student loanswidespread closing of colleges and universities, leading to a dramatic reduction in the supply of higher educationincreased spending on faculty salaries

Public economics is defined as the study of government taxation and its expenditure. It is derived…

Answered: Multiple Choice increased spending on…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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the presence of competition in free markets and why A)is undesirable because it results in unnecessary duplication of efforts b)usually result in better quality and lower prices c) is rare since most markets eventually evolve into monopolies d). is undesirable because one big firm can usually produce goods more efficiently than a large number of small firms
In a market economy Group of answer choices All the other answers are true for the market economy. consumers buy what makes them better off. those goods and services that people will buy, will be produced. producers and sellers produce/sell goods and services that are profitable to produce/sell.
QUESTION 14 We all benefit from living in economies where: Fundamental beliefs are strictly enforced. People and firms can specialize and trade with each other. People and firms are prevented from specializing. People and firms are prevented from trading. All of the above.
The government sets a minimum price for prof.Ernst's brussel sprouts. This is called a Group of answer choices get rich quick scheme quota price support market growth policy
In 1991, Minnesota was the first state to create charter schools. Since then, 44 states and Washington, D.C., have adopted or permit charter schools in their jurisdictions, partially as a result of Minnesota's decision to do so. This is an example of which concept? devolution diffusion unfunded mandates redistributive programs
Instructions: Based on what you have learned, discuss or share your experiences for each implication on how media and information affect you as an individual. Implications of Media and Information Your experience Media and information improve quality of life Media and information for greater political participation Media and information promoting economic opportunities Media and information for improvement of learning environment Media and Information individuals as more cohesive social units
Which statement best describes a characteristic of a command economy? The government prohibits a formation of monopolies in the economy. The government owns most production resources and businesses. The government has minimal involvement in the economy The government encourages innovation among private businesses
Which of the following is a microeconomic issue The price of gasoline increases in the United States this year Inflation skyrockets in Russia The unemployment rate soars in Spain
The arguments forglobalization include all, except: It lowers the price of goods due to free trade It keeps population growth to manageable levels It allows individuals to maximize their returns on their skills Competition encourages innovation It helps people to arrive at global solutions
The social responsibility of an organisation is to use its resources and engage in activities designed to increase its profits, as long as it engages in open and free competition and without fraud and deception. If the organisation in making a profit, it would then be able to fulfil its social responsibility of employing people in society with a decent wage and it would be able to pay taxes to the state, which could provide the services required by society, is the argument of which is known as the Oa. Archie Carroll; broad view of corporate social responsibility Ob. R. Edward Freeman; stakeholder theory OC. Milton Friedman; social contract Od. Milton Friedman; narrow view of corporate social responsibility
Which of the following statements is not true? The slope of the net benefit curve is horizontal when the control variable is at the level where MB = MC. At the optimal level of a control variable, the slope of the total benefit curve equals the slope of the total cost curve. The optimal level of a control variable is the one at which total benefit is maximized. The height of the marginal benefit curve at any given level of the control variable is equal to the slope of the total benefit curve at the same level of the control variable.
The use of public money to attract sports entities A- is limited to football B- is overwhelmingly in baseball C- was used by the city of Indianapolis to attract the offices of the NCAA from Kansas city D- is now causing the Master’s gold tournament to move to Las Vegas

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