ons 006.01.1-MC - MANK08 The principle that "people face tradeoffs" applies to a. individuals. Ob. families. c. societies. d. All of the above are correct.
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ons 006.01.1-MC - MANK08 The principle that "people face tradeoffs" applies to a. individuals. Ob. families. c. societies. d. All of the above are correct.
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- Que . 2 Do not copy and past this.question . Explain u . I give u thumPlease Only answer no need explanation and both 2 please please.Use the figure below to answer the following question. Price Q₂ Quantity If the output level is Q₁, then the sum of the consumer and producer surplus is 0 Multiple Choice
- SLO-1.1. In centrally planned (command) economies the decides what goods and services will be produced. Ogovernment Ofirms Oconsumers Orest of the worldCHOICES OF ANSWERS: A. 44.9032 B. 45.8520 C. -44.5327 D. 43.21121. What is the advantage of an experimental study? a. Experimental studies are less expensive to conduct than observational studies b. The researcher can eliminate bias by removing the influence of confounding factors c. The results of an experimental study are usually more generalizable than the results of an observational study d. Experimental studies identify correlation instead of causation 2. Researchers conduct a study measuring how house prices jump across school zone boundaries. They find that houses on the lower-ranking side of a school zone boundary have distinctly lower prices than houses on the higher-ranking side of a school zone boundary. This is an example of: a. An experimental study b. An instrumental variables study c. A regression discontinuity study d. A difference-in-differences study
- TRUE/FALSE One reason that tax revenue may fall when tax rates are increased is due to tax evasion, that is, the higher the tax rate, the higher the probability of the tax evasion and thus, lower tax revenue. The example I used was when Canada quadrupled the tax rate on cigarettes Canadian citizens sought out to buy illegally smuggled in US cigarettes to evade the tax on Canadian cigarettes.ECN 210 Dr. M. Di Liberto Principles of Economics I: Microeconomics Worksheet - Chapter 2 Problem 1 Suppose there are three techniques for producing 1 wool blanket (Techniques 1, 2, and 3), as shown in the table above. а. Given the resource prices shown, which production technique would the firm use? Why? b. Suppose the firm can sell blankets for $26 each. Would the firm be profitable? c. Assume a new technique is developed that economizes on the relatively expensive labor. It requires 2 units of land, one unit of labor, 3 units of capital, and 1 unit of entrepreneurial ability. Would the firm adopt this new technique? d. Suppose the firm's cost of capital rises to $5, all other values being the same. Which technique would the firm now choose? Price per Unit of Resource Resources Required Resource Technique 1 Technique 2 Technique 3 Technique 4 Units Costs Units Costs Units Costs Units Costs Land $2 2 3 Labor $4 2 1 Capital Entrepreneurship $3 $5 1 2 3 1 1 1 1 Total Price per Unit of…I need an explanation why the answer is 11,000. Thank you.
- mod/quiz/attempt.phptattempt=1361376&cmid-7052138page-13 E-learning System (Academic) inciples of Macroeconomics || Fall20 uestion 14 Blu-ray disc players, iPhones, and hybrid cars are generally considered to be Not yet spoob inswered Select one: Marked out of O a. intermediate 1.00 O b. service Flag question O c durable O d. nondurable Previous page Time let uiz navigation 6 Type here to searchI openvellu mathxl.com/Student/PlayerHomework.aspx?homeworkld3611294898&questionld3D18&flush M Gmail ITMG 1B Econ 2100 vork z/Test E Homework: Basics ... H C Question 18, 1.1 Questio... Lars can initially produce 20 pizzas or 2 cakes. After some training from a pizza-making expert, his opportunity cost of making O A. 1 cake will become equal to 0 pizzas O B. 1 cake will become more than 10.00 pizzas. O C. cakes will remain unchanged. O D. 1 cake will become less than 10.00 pizzas.need correct answer alongwith explain each option. please argunt thank you !!!!!!!!