Economics and Correct Answer

1400 words 6 pages

The assumption of rationality in economics implies that: Answer

Selected Answer:

people make choices with an eye toward attaining objectives they have chosen. Correct Answer:

people make choices with an eye toward attaining objectives they have chosen. Question 2

0 out of 10 points Carla had received very low annual return from her investment portfolio comprising of stocks of five companies for two years. Her decision to continue holding the same portfolio of assets will be an example of: Answer

Selected Answer:

bounded rationality. Correct Answer:

systematically missed opportunities.

Question 3

10 out of 10 points Assume that a cargo ship carrying the merchandise …show more content…

Question 18
10 out of 10 points In the small country of Talisman, the liquor industry is monopolized by a single producer Best Drinks Inc. Best Drinks charges high-end customers like 5-star hotels a much higher price than it charges local pubs. This discrimination is possible only if: Answer

Selected Answer:

we assume Best Drinks can prevent pub owners from buying liquor and selling it to 5-star hotels.

Correct Answer:

we assume Best Drinks can prevent pub owners from buying liquor and selling it to 5-star hotels.

.

Question 19
.

0 out of 10 points When all players are choosing their best strategies on the assumption that their opponents are doing likewise, the outcome is called: Answer
Selected Answer:

a Stackelberg equilibrium.

Correct Answer:

a Nash equilibrium.

Question 20

0 out of 10 points After the deregulation of the airline industry, the new airlines had a competitive cost advantage over the older ones as: Answer

Selected Answer:

they could practice price discrimination.

Correct Answer:

they did not bear any legacy cost.

Question 21

0 out of 10 points In an oligopoly market with a dominant firm and a competitive fringe, if market demand is _____, the market price will be low and the _____ profit will be small. Answer

Selected Answer:

less elastic; fringe’s

Correct Answer:

more elastic; dominant

Related

Math 540 Midterm
2022 words | 9 pages

Which of the following characteristics is exhibited by the data?Answer | | | | | Selected Answer: | None of the above | Correct Answer: | None of the above | | | | | Question 20 5 out of 5 points | | | __________ is absolute error as a percentage of demand.Answer | | | | | Selected Answer: | MAPD | Correct Answer: | MAPD | | | | | Question 21 5 out of 5 points | | | __________ is a category of statistical….

Show More
Fin 601 Final Exam - Multiple Choice Questions & Answers
2415 words | 10 pages

with capital ________ as it matures. . Answer Selected Answer: B. discount; gains Correct Answer: B. discount; gains Question 2 3 out of 3 points Given two comparable bonds A….

Show More
Eco Test
5261 words | 22 pages

* Question 1 4 out of 4 points | | | M2 consists ofAnswer | | | | | Selected Answer: | M1 plus amounts in savings accounts, money-market mutual funds (held by individuals), and small time deposits (under $100,000). | Correct Answer: | M1 plus amounts in savings accounts, money-market mutual funds (held by individuals), and small time deposits (under $100,000). | | | | | * Question 2 0 out of 4 points | | | A mechanism by which a short-term loan is made, allowing….

Show More
Psych 101 Final Exam
2516 words | 11 pages

other sensory images Correct D. Watching unconnected frames of a movie and figuring out what the rest of the scene was like. Answer Key: D Question 2 of 50 2.0/ 2.0 Points Which term is used to describe the confusion of an event that happened to someone else with one that happened to you. Correct A. Confabulation B.….

Show More
Econ 302 Study Guide
8201 words | 33 pages

response. b. excess supply of labor. Correct c. excess demand for labor. d. efficient market outcome. Suppose the demand and supply curve for good X are as follows: PD = 533 – 5Q PS = 122 + 3Q where P is the price of X and Q is the quantity. Suppose an excise tax of $8 per unit of X is assessed on this market. What is the new equilibrium quantity of X? Answer Feedback The correct answer is: 50.375 Use the following statements to answer this question: I. When the market price….

Show More
Scin140 Amu Quiz 1
2305 words | 10 pages

associated with poverty is CORRECT? 1) Poverty is defined as having a per person income of less than $2 per day, expressed in U.S. dollars adjusted for purchasing power. 2) The number of people living in poverty has been steadily declining and today less than one billion people live in poverty worldwide. 3) Poverty is a condition in which people are unable to meet their basic needs for food, clothing, shelter, education, or health. A.1 only B.2 only C.3 only Correct D.Both 1 and 3 apply….

Show More
exam 1
1975 words | 8 pages

or anarchy Correct! True False Question 2 1 / 1 pts The Good Society is what is needed to break the human predicament cycle The Good Society is what is needed to break the human predicament cycle Correct! True False Question 3 1 / 1 pts John Winthrop was an influential Puritan John Winthrop was an influential Puritan Correct! True False Question 4 1 / 1 pts Reason is closely tied to education Reason is closely tied to education Correct! True….

Show More
Defining Research with Human Subjects
952 words | 4 pages

Question 1 Question : According to the federal regulations, which of the following studies meets the definition of research with human subjects? Your answer : A researcher conducts a linguistic study of comments posted on a local public blog. Correct Answer : A developmental psychologist videotapes interactions between groups of toddlers and their care givers to determine which intervention methods most effectively manage aggression. Comment : The study of passenger lists is a study of individuals….

Show More
IHI Questions and Answers
4944 words | 20 pages

Assessment Assessment Review Status Question 1) According to the World Health Organization (WHO), how could at least half a million deaths due to surgical error be prevented every year? Your Answer:b) By implementing systemic changes in operating rooms Correct Answer:b) By implementing systemic changes in operating rooms At least half a million deaths per year could be prevented with effective implementation of systemic improvements in operating rooms. Specifically, multiple studies have found implementing….

Show More
Critical Thinking Test Week 4
2795 words | 12 pages

following points out the flaw in the reporter’s argument above? Student Answer: The reporter doesn’t indicate the amount that the new bill would limit campaign contributions. The evidence provided by the reporter suggests that most politicians are in favor of the new bill. The reporter wrongly assumes that no politician has….

Show More

Popular Essays