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- What has been the impact of technology and the Internet on global culture? Select one: O a. The distance between geographically separated cultures are growing steadily. O b. Since the last decade, homogeneous cultures have grown in number. O c. People in today's developing nations are no more vulnerable to culture shock than before. O d. Cultures have become increasingly similar due to shared experiences.PPP fails in reality for all the following reasons except what? O Monopolistic or oligopolistic competition in goods markets O Transportation costs O Trade barriers O Differences in inflationIn terms of economy, the visit by foreign nationals to witness the FIFA World Cup Qatar 2022 in Qatar will amounted to Select one: O a. Import O b. Consumption O c. Production O d. Export O e. None of these
- A productive-efficient society O a. can produce more of one good only by producing less of another good. O b. produces at a point below its PPF. O c. can produce unlimited amounts of a good. O d. does not have to make choices.Price of Ice-Cream Cone M X. Demand curve, D2 Demand curve, D, Demand curve, D3 Quantity of Ice-Cream ConesThis particular question has been confusing. Any help please?
- When the price level falls, the number of dollars needed to buy a representative basket of good? Select one: O a. decreases, so the value of money falls. O b. increases, so the value of money rises. O . increases, so the value of money falls. O d. decreases, so the value of money rises.Consider the following scenario to understand the relationship between marginal and average values. Suppose Brian is a professional basketball player, and his game log for free throws can be summarized in the following table. Fill in the columns with Brian's free-throw percentage for each game and his overall free-throw average after each game. Game Game Result Total Game Free-Throw Percentage Average Free-Throw Percentage 1 4/5 4/5 80 80 2/5 6/10 1/4 7/14 1/2 8/16 4/4 12/20 On the following graph, use the orange points (square symbol) to plot Brian's free-throw percentage for each game individually, and use the green points (triangle symbol) to plot his overall average free-throw percentage after each game. Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically. 100 90 Game Free-Throw Percentage 80 70 60 Average Free-Throw Percentage PERCENTAGE0-Principles of Economics 1 | S1 21/22 Time le When might the supply curve for microwave ovens shift? Select one: O a. Only if the price of steel increases. O b. when a determinant of the supply of microwave ovens other than the price of microwave ovens changes. O c. only when production technology changes. O d. only when the number of sellers of microwave ovens changes. O e. when any determinant of the supply of microwavevens changes. Next F
- 4 d'Artagnan, Athos, Porthos, and Aramis are good friends and passionate readers of modern fiction. When Alexandre Dumas's new book 'The Three Musketeers' came out last month, they all went to buy a copy. The price was 5 francs. Their willingness to pay were as follows: d'Artagnan: 35 francs, Athos: 30 francs, Porthos: 25 francs, and Aramis: 20 francs. Assuming there was no shortage of the book, the total consumer surplus was 110 francs 70 francs 90 francs 50 francs We cannot compute the total consumer surplus without information about the costs.3. Recycling CanFor the past 10 years, five Colorado cities have held a recycling contest to see which citydoes the best job of recycling plastic, glass, and aluminum. Those participating in thisyear’s contest are Arvada, Centennial, Lakewood, Highlands Ranch, and Parker.To make the contest fair for both large and small cities, the winning city will be the one that recycles the largest number of cans per capita—the number of cans recycled dividedby the number of city residents. 0.02 per can Recycling Can Contest City Population Jan Feb Mar Total Per Capita Arvada 15,855 10,505 24,556 12,567 Centenntial 28,951 24,567 21,777 26,719 Lakewood 142,547 102,376 105,876 121,987 Highlands Ranch 2,801,561 2,714,664 2,503,344 1,999,877 Parker 1,689,908 1,523,665 1,487,660 1,002,545 Total -…The supply curve is Choose the best options from the choices below. sloping, which means that of a good will be supplied at higher prices. O a. upward; less O b. downward; less Oc upward; more O d. downward; more From the following find the difference between Positive and Normative statements? O a. normative statements can be tested whereas positive statements cannot O b. positive statements and normative statements can be graphed Oc normative statements state "what is" and positive statements state "what ought to be." Od. positive statements can be tested whereas normative statements cannot
