Microeconomics

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The fact that consumers often react more to changes in the posted price of a good as compared to ... Started by mckennatimberlake	3 Replies 35 Views	Jul 1, 2018 by Zebsrer
The market for electricians in a small town might have a different structure than in a large city ... Started by vicotolentino	1 Replies 33 Views	Jul 1, 2018 by bd5255
Once the President submits his budget to Congress, there is little that the members of the House and ... Started by Zoey63294	1 Replies 81 Views	Jul 1, 2018 by peter
The t-statistic measures A) the efficiency of the t-test relative to the standard z-test. B) the ... Started by james0929	1 Replies 35 Views	Jul 1, 2018 by zogaridan
In the long run a monopolistic competitor A) set MR = MC. B) produces where P = AC. C) sets P ... Started by piesebel	1 Replies 32 Views	Jul 1, 2018 by kswal303
Off-budget expenditures are a recent phenomenon, originating during World War I. a. True b. ... Started by cdr_15	1 Replies 38 Views	Jul 1, 2018 by irishcancer18
If average cost is decreasing A) marginal cost equals average cost. B) marginal cost exceeds ... Started by tnt_battle	1 Replies 137 Views	Jul 1, 2018 by mk6555
If all used cars in a market with symmetric information about quality are sold at the same price, ... Started by moongchi	1 Replies 51 Views	Jul 1, 2018 by ErinKing
The U.S. Postal Service expenditures are off-budget. a. True b. ... Started by Davideckstein7	3 Replies 93 Views	Jul 1, 2018 by ErinKing
To an economist, total costs include A) explicit, but not implicit costs. B) implicit, but not ... Started by DelorasTo	1 Replies 149 Views	Jul 1, 2018 by kishoreddi
A regression specification must include A) the functional relationship between dependent and ... Started by schs14	1 Replies 62 Views	Jul 1, 2018 by josephsuarez
The assumptions about tastes and behavior to model the trading between two people do NOT include ... Started by olgavictoria	1 Replies 126 Views	Jul 1, 2018 by stano32
Budgets should be organized along line item budgets rather than program budgets in order to ... Started by 2125004343	1 Replies 139 Views	Jul 1, 2018 by dudman123
Goals which are concerned with creating and maintaining employee and customer satisfaction and ... Started by iveyjurea	1 Replies 61 Views	Jul 1, 2018 by jliusyl
When selecting explanatory variables to include in a regression A) you should pick all observable ... Started by jake	1 Replies 18 Views	Jul 1, 2018 by momtoalll
In the market for used cars, if there is asymmetric information yet all cars sell for the same price ... Started by KWilfred	1 Replies 68 Views	Jul 1, 2018 by jxjsniuniu
In the market for used cars, if buyers and sellers have perfect information about the quality of ... Started by asmith134	3 Replies 60 Views	Jul 1, 2018 by peter
Which of the following is a relevant cost? A) replacement cost B) sunk cost C) historical cost ... Started by deesands	1 Replies 209 Views	Jul 1, 2018 by jonathanballen97
Two variables are said to be ________ if they move together. A) procyclical B) spurious C) ... Started by asmith134	1 Replies 34 Views	Jul 1, 2018 by vkodali
Which of the following distinctions helps to explain the difference between relevant and irrelevant ... Started by shofmannx20	1 Replies 29 Views	Jul 1, 2018 by chevyboi1976
Which of the following distinctions does not help to explain the difference between relevant and ... Started by Mr.Thesaxman	1 Replies 38 Views	Jul 1, 2018 by leahm14
If two variables B and V are positively correlated, B ________ when V ________. A) goes up; goes ... Started by saliriagwu	1 Replies 35 Views	Jul 1, 2018 by amcvicar
Financial risk is associated with changes in A) the demand for a firm's products. B) a firm's ... Started by ssal	1 Replies 27 Views	Jul 1, 2018 by jasonq
When firms price discriminate they A) sell to new consumers who would not have bought at the ... Started by RYAN BANYAN	1 Replies 40 Views	Jul 1, 2018 by kristenb95
Costs of production that change with the rate of output are A) sunk costs. B) opportunity costs. ... Started by shofmannx20	3 Replies 110 Views	Jul 1, 2018 by aliotak