Microeconomics

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Which of the following is an instance of employer prejudice that leads to wage differential? a. ... Started by kaid0807	3 Replies 62 Views	Jun 30, 2018 by Pamela.irrgang@yahoo.com
If the price elasticity of supply is 0.75, it would imply that a _____. a. a 100 percent increase ... Started by CharlieWard	1 Replies 58 Views	Jun 30, 2018 by dudman123
Diseconomies of scale are present when the long run average total cost of production declines as ... Started by vicotolentino	1 Replies 113 Views	Jun 30, 2018 by Edwyer
When white males resist to share responsibilities with members of a minority group, it is termed as: ... Started by KWilfred	1 Replies 85 Views	Jun 30, 2018 by fwbard
Ceteris paribus, if a 20 percent increase in the price of shoes leads to a 10 percent increase in ... Started by nelaaney	1 Replies 138 Views	Jun 30, 2018 by josephsuarez
The long-run average total cost curve is less u-shaped than the short-run average total cost curve. ... Started by @Brianna17	1 Replies 134 Views	Jun 30, 2018 by jjorrostieta
If employers have imperfect information about job applicants, it may be rational for them to use: ... Started by SO00	1 Replies 117 Views	Jun 30, 2018 by matt
If the demand for liquor is elastic and the supply of liquor is inelastic, when the government ... Started by cherise1989	1 Replies 407 Views	Jun 30, 2018 by tofugiraffe
In the long-run, the firm can only expand output by adding more variable inputs (workers and raw ... Started by kfurse	3 Replies 212 Views	Jun 30, 2018 by b614102004
Which of the following reasons will most likely explain the occurrence of discrimination that is not ... Started by c0205847	1 Replies 70 Views	Jun 30, 2018 by bpool94
Price elasticity of demand is the sole determinant of profit for a firm. a. True b. False ... Started by audragclark	1 Replies 84 Views	Jun 30, 2018 by connor417
An explicit cost is: a. an opportunity cost for which payment is not required. b. an out-of-pocket ... Started by Chloeellawright	1 Replies 98 Views	Jun 30, 2018 by wuly
Which of the following can result in occupational crowding? a. Illegal immigration b. Outsourcing ... Started by tichca	1 Replies 129 Views	Jun 30, 2018 by aloop
The coefficient of the price elasticity of demand is always negative. a. True b. False Indicate ... Started by Mimi	1 Replies 85 Views	Jun 30, 2018 by wtf444
Economic profits will take into account: a. explicit costs but not implicit costs. b. implicit ... Started by evelyn o bentley	1 Replies 284 Views	Jun 30, 2018 by xoxo123
Which of the following statements best defines the economics of the so-called superstar effect in ... Started by Sufayan.ah	1 Replies 260 Views	Jun 30, 2018 by fdliggud
If a 10 percent increase in the price of tomatoes leads to a 20 percent decrease in quantity ... Started by Alainaaa8	3 Replies 111 Views	Jun 30, 2018 by softEldritch
Ashley recently began running her husband's lumber mill. Last month she took in 5,000 in sales ... Started by saraeharris	1 Replies 111 Views	Jun 30, 2018 by underwood14
The Civil Rights Act of 1964 in the United States led to _____. a. the introduction of the concept ... Started by mrsjacobs44	1 Replies 159 Views	Jun 30, 2018 by jrpg123456
Since demand curves are mostly downward sloping, economists tend to ignore the negative sign when ... Started by vHAUNG6011	1 Replies 88 Views	Jun 30, 2018 by hollysheppard095
Campbell recently began running his brother's lumber mill. Last month he took in 10,000 in sales ... Started by beccaep	1 Replies 179 Views	Jun 30, 2018 by sarahccccc
Which of the following determines comparable worth of a particular job? a. Cultural background of ... Started by PhilipSeeMore	1 Replies 69 Views	Jun 30, 2018 by Galvarado142
A perfectly inelastic demand curve is represented by an upward-sloping straight line. a. True b. ... Started by mmm	1 Replies 71 Views	Jun 30, 2018 by allisonblackmore
Dave recently began running his father's farm. Last year he took in 15,000 in sales revenue and paid ... Started by Kthamas	1 Replies 127 Views	Jun 30, 2018 by upturnedfurball
The principal argument against comparable worth is that: a. men and women differ largely in terms ... Started by Jramos095	3 Replies 119 Views	Jun 30, 2018 by janieazgirl