Question List for "Foundations of Microeconomics"

  Topics Views Last post
Economics » Producers' total revenue will increase if A) income increases and the good is an inferior good. ... New
Started by newyorker26
137 Jun 29, 2018
Economics » Which of the following statements about supply curves is CORRECT? I. A supply curve also can be a ... New
Started by BRWH
56 Jun 29, 2018
Economics » The producer surplus on a unit of a good is the A) difference between the marginal social benefit ... New
Started by neverstopbelieb
34 Jun 29, 2018
Economics » Producer surplus is the ________ summed over the quantity sold. A) value of a good minus the ... New
Started by ARLKQ
78 Jun 29, 2018
Economics » Which of the following is a normative statement? A) The price of candy bars is 1.25 each. B) ... New
Started by fagboi
91 Jun 29, 2018
Economics » Individual firms in perfectly competitive industries are price takers because A) the government ... New
Started by segrsyd
60 Jun 29, 2018
Economics » Suppose a bank has a desired reserve requirement ratio of 12 percent. If someone deposits 1,000 in ... New
Started by littleanan
64 Jun 29, 2018
Economics » Marginal utility measures the A) total utility from consumption. B) additional utility from an ... New
Started by Redwolflake15
149 Jun 29, 2018
Economics » Imposing a minimum wage that is above the equilibrium wage rate results in A) higher job search ... New
Started by OSWALD
64 Jun 29, 2018
Economics » If the price of gasoline fell from 2.95 to 2.85 per gallon, your expenditure on gasoline would ... New
Started by tichca
128 Jun 29, 2018