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Economics
Page 16
Questions (19,940)
1. Match the economic system to the correct description. (One description for each economic type)
Command Economy Market Economy
3 answers
asked by
Hann
198 views
What is one source of revenue for the federal government to pay for public goods and services?
A. property taxes B. sales taxes
1 answer
asked by
Hann
111 views
How has the economy of Russia changed since the fall of the
From a mixed to a market From a market to a command From a command to
1 answer
asked anonymously
93 views
Are the following statements true or false? Explain in each case.
“Two countries can achieve gains from trade even if one of
1 answer
asked anonymously
92 views
How does money differ from barter?
A. Money is mostly important as a way to get goods and services. B. Money is used to exchange
1 answer
asked by
goodog
102 views
Which of the following measures does Roosevelt NOT suggest to improve the American economy?
A. creating new jobs by direct
3 answers
asked by
Unknown
185 views
Is industral economics a microeconomics or microeconomics?
1 answer
asked by
Mafia
88 views
Which statement describes how governments deal with scarcity? Choose one answer.
A. choosing to fill needs rather than wants B.
1 answer
asked by
goodog
195 views
Which statement best explains the relationship between economic wants and needs? Choose one answer.
A. People do not need to
1 answer
asked by
goodog
122 views
When do the laws of supply and demand have less effect on prices? Choose one answer.
A. when a good or service is new B. when
3 answers
asked by
goodog
116 views
What does greater competition among sellers usually lead to? Select one answer.
A. lower prices and fewer choices for buyers B.
1 answer
asked by
⋘ 𝑃𝑙𝑒𝑎𝑠𝑒 𝑤𝑎𝑖𝑡... ⋙
165 views
A bank offers a 5% annual interest rate for a savings account. Perry puts $2,600 into an account to save for college. How much
1 answer
asked by
willow
148 views
Stackelberg
Model
1 answer
asked by
William wandwi
158 views
The demand for detergent in Tanzania is characterized by the following functuon P(Q) = 100 - 10Q. Firm A supplies detergent and
1 answer
asked by
Evaristi Paulo
94 views
The demand for detergent in Tanzania is characterized by the following functuon P(Q) = 100 - 10Q. Firm A supplies detergent and
1 answer
asked by
Evaristi Paulo
98 views
The inverse demand curve is given by and a monopolisthas a fixed supply of 4 units of a good available. What would be the price
1 answer
asked by
jack
102 views
Buy about how much to the price of oil decline from 1931-1932
1 answer
asked by
..
88 views
Explain what is indirect tax is
1 answer
asked by
John Bravo
53 views
1. Suppose that the market of laptops is given by following supply and demand curves given below:
Qd = 5000 − 3p Qs = 1000 + p.
2 answers
asked by
Anonymous
911 views
What is government budget
1 answer
asked by
Nisile
61 views
Calculate the marginal benefit of the additional detergents.
your company must pay $2 million each year for environmental
1 answer
asked by
monica
78 views
What is marginal cost
1 answer
asked by
Prince
64 views
Read the text and answer the question.
In Country X, the factors of production are all publicly owned and controlled by the
4 answers
asked by
Name
226 views
Which factor has contributed to India's economic struggles?
1 answer
asked anonymously
104 views
How did the North American Free Trade Agreement increase economic cooperation between Canada, Mexico, and the United States?
A.
7 answers
asked by
blah
310 views
Country A charges a 35% tax on automobiles imported into the country. This is an example of
A. a tariff. B. a quota. C. an
7 answers
asked by
blah
415 views
Read the text and answer the question.
In Country X, the factors of production are all publicly owned and controlled by the
1 answer
asked by
blah
333 views
Can I have many questions with solutions on production function, profit maximization and cost minimization?
1 answer
asked by
Evaristi H Paulo
70 views
Consider the supply of the economy given by s=100+200w
Whereby w is the wage rate after tax and 250000 is is the minimum wage
1 answer
asked by
Shafii
103 views
true or false An increase in pay is an example of a push factor
1 answer
asked by
Vanilla-Cashmere
54 views
What is the difference between Pareto optimality and parento efficient?
1 answer
asked by
Elias
85 views
How does a pure command economy answer the basic question of which goods and services should be produced?
a The consumers decide
2 answers
asked by
Eric23
188 views
What is economic deprivation?
1 answer
asked anonymously
54 views
1:
Assume the Chilean peso is decreasing in exchange value compared to the U.S. dollar. Who will benefit most in this situation?
6 answers
asked by
Rose
1,795 views
Which of the following would be most likely to happen in a capitalist economy?
A. A baker trades five loaves of bread for a pair
7 answers
asked by
COOL
1,513 views
Identify three goods each for which your demand is (a) elastic or (b) inelastic. What accounts for the differences in
3 answers
asked by
Keela
1,970 views
how do i calculate net exports from exportport and import?
2 answers
asked by
111
106 views
Suppose the production and cost functions are Q=60—0.5P and TC=48+3Q² respectively. Based on the given data, determine the
1 answer
asked by
Atumo Oso
209 views
What does the slope of the production possibilities curve represent?
A)The slope represents the level of efficiency in
5 answers
asked by
Cherry
4,051 views
Explain the boom-and-bust cycle
4 answers
asked by
Teach
1,053 views
What is mercantilism?
My answer: Mercantilism is a theory that when a country exports more items than it imports, it will get
3 answers
asked by
❄ Snowflake ❄
529 views
In an economy the marginal propensity to consume is 0.90, and gross domestic product (GDP) is $100 billion. If gross private
4 answers
asked by
Madison
1,842 views
2. The equation for a demand curve has been estimated to be Q = 100 - 10 P + 0.5 Y, where Q is quantity, P is price, and K is
2 answers
asked by
same
508 views
How has the Asia-Pacific Economic Cooperation (APEC) helped Asian countries?
APEC facilitates trade between Pacific Rim nations
4 answers
asked by
mgoguen
3,806 views
2. Which of the following is a way to increase economic development?
A. raising taxes B. investing in education***** C. limiting
6 answers
asked by
Wolf of Ninchow
5,249 views
How does opportunity cost affect people's wants and needs?
A. It changes the supply and demand of goods. B. It requires them to
46 answers
asked by
jazmine
11,948 views
If a firm had decreasing returns to scale at all levels of output and it
divided up into two equal-size smaller firms, what would
1 answer
asked by
Evaristi Paulo
148 views
Consider the market for roses in a small town.
The demand function is given by: P = 20 - 0.25Q(D) The supply function is given
2 answers
asked by
Nikko
560 views
A country has an economic boom and can afford to increase imports from a second country. What is likely to happen in the second
1 answer
asked by
goodog
203 views
Assume a firm operating under a short run production period with a total cost function given as TC=200+5Q+2Q^2.
What must be the
4 answers
asked by
Mo Amein
301 views
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