We can construct a Bull Spread by selecting Select one: O a. None of these O b. Buying 150 Jan Call and Selling a 152 Feb Call O c. Buying 150 Feb Call and Selling a 152 Feb Call O d. Buying 150 Jan Call and Selling a 149 Jan Call
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- O a. -520 O'b.-600 OC. -560 O d.-480 QUESTION 25 Tim loves to collect Lego architecture sets. Suppose that Tim's willingness to pay for different Lego sets is given below: Set Willingness.to Pay Sears Tower 40 Hancock Center 70 Fallingwater 100 Shanghai 80 Robie House 80 Suppose that Tim can purchase a lego bundle with all 5 sets for the price of $200, what is his CS from the bundle? a. 150 O b. 130 O c. 170 O d. 200 OUESTION 26You like to eat apples and carrots. The graph shows your budget for both of these items at Harris Teeter. The table shows your total utility when you consume apples or carrots. Given this, what is your optimal consumption point? Carrots 30 40 50 30- 23 O a. A O b. E O c. F O d. C 15 10 5 A B Apples (Quantity) Total Utility Carrots (Quantity) Total Utility 10 100 20 10 20 30 40 50 Apples 190 C 270 330 360 5 10 15 20 23 25 30 50 95 160 205 240 250 280A reason to study economics is to Select one: make money in the stock market. O a. O b. learn a way of thinking. O c. to decide whether to buy a new house O d. get a high paying job.
- 1. The cost of production is a major determinant of consumer demand. a. True O b. FalseSite ana sayfası Takvim Nişanlar Tüm dersler Course dashboard Soru 10 Suppose that MU,/ Px exceeds MU,/ Py To maximize the utility, consumer who is exhausting her money income should buy ------ Henüz cevaplanmadı 4 üzerinden Lütfen birini seçin: işaretlenmiş O A. less of X and less of Y p Soruyu işaretle O B. more of Y and/or less of X. O C. more of X and/or less of Y. O D. more of Y only if its prices rise. O E. less of X only if its prices rise. SONRAKİ SAYFA ÖNCEKİ SAYFA cc BY atweCor mannole liconclonile licanolanmistur AVRUZEM@'dolki derc matorrallori741 Ny 7:0 Mond Content X + ultra/courses/_99030_1/cl/outline manipic cempo me manipic accompis. INIU Force Completion. This test can be saved and resumed later. BILLETTE Your answers are saved automatically. * Question Completion Status: QUESTION 1 The goal of the consumer is to maximize the total utility or satisfaction derived from their purchase choices, given the unique budget constraint. To calculate total utility of a given combination of T-shirts and movies, one would use the following approach: O a. For a given combination of T-shirts and movies, survey a group of individuals to determine an average for utils to be assigned to the number of T-shirts and movies. O b. For a given combination of T-shirts and movies, use Google to identify the number of utils associated with the number of T-shirts and movies and thenlum them. O c. For a given combination of T-shirts and movies, assign a number of utils to that combination. O d. Use utils as a measure of utility, assigning a…
- QUESTION 15 Which of the following statements about an indifference curve is true? O a. The slope tells you the ratio of the prices of the two goods O b. It is unique to a specific consumer O c. A producer can use it to judge consumer demand O d. It is always a curveWhich one of the following would cause an increase in the supply of planes? Select one: O a. an increase in the price of planes O b. an increase in taxes applied to plane producers Oc. an improvement in the technology used to produce planes O d. a decrease in the demand for planes Which of the following results in a movement along the supply curve of spinach but does not shift the supply curve of spinach? Select one: O a. a rise in the price of spinach O b. disastrous weather that destroys half of this year's spinach crop this year Oc. great weather that produces a bumper spinach crop O d. an increase in wages for workers in spinach fieldsTane 1E Se.Fot Eamcation Tary notes that an electronics store is affenng a flat $20 off all prices in the store Tony reasons that he is better off if he buys something with a price of $S0 than sOmething with a price of $500 because it would represent a larger disCount as a percentage of the price. This Is: 35 Select one Oa Aabional ahoice because saviing 40% Is better than saving 48. O& Trug Tony would slso be better off f he didn't spend so much Oc False savng $20 is saving $20. Od The proper applicabon of Cost-Benefit Principle NEXT PAGE
- Refer to the information provided in Figure below to answer the question that follow. Lingle's monthly budget constraint 40 A OD B E 40 Number of gardenburgers per month Refer to Figure The slope of budget constraint AC is Select one: a. indeterminate from this information because prices are not given. b. -1/2 C.-2 d. -1 Number of beers per monthAssume you have your car broken down just before the weekend. You value your weekend trip as muchas v and if you have to stay home you get the zero utility. There are two dealerships in your town. Atthe beginning of the day they simultaneously choose a price for repair. Dealers know that when you cometo one of them and observe the price, you can always call to another dealer to make an inquiry about hisprice. The call is costless. The other dealer, however, can be occupied for this day. Assume, this happenswith probability which is a common knowledge (but the dealers do not know whether the other dealer isoccupied or not). Assume zero repair cost for the dealer and find a symmetric equilibrium of the game.An owner of a landscaping business received extra income in the previous month. She is considering eitner buying a new lawnmower or spending the money on an advertisment in order to increase business in the next few months If the business owner chooses to spend the money on an advertising campaign, what is the opportunity cost? O A. more advertising O B. next month's income O C. the lawnmower O D. increased business