Microeconomics

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The payback period for a project, requiring an initial outlay of 10,000 and producing ten uniform ... Started by ashley	1 Replies 44 Views	Jul 1, 2018 by jxjsniuniu
The net present value of a project is calculated as A) the future value of all cash inflows minus ... Started by dalyningkenk	1 Replies 63 Views	Jul 1, 2018 by jsm54321
A proposed project should be accepted if the net present value is A) positive. B) negative. C) ... Started by rachel9	3 Replies 29 Views	Jul 1, 2018 by okolip
When future events cannot be assigned probabilities, we are talking about A) risk. B) ... Started by lak	1 Replies 21 Views	Jul 1, 2018 by yifu223
Which of the following is not true about the law of diminishing returns? A) It is a short-run ... Started by Davideckstein7	1 Replies 12 Views	Jul 1, 2018 by jointhecircus
A person starting to drive more recklessly after signing a contract with an automobile insurance ... Started by sarasara	1 Replies 37 Views	Jul 1, 2018 by yahahah24021
When the law of diminishing returns takes effect A) firms must add increasingly more input if ... Started by kshipps	1 Replies 40 Views	Jul 1, 2018 by TINA
Assume a firm employs 10 workers and pays each 15 per hour. Further assume that the MP of the 10th ... Started by asmith134	1 Replies 68 Views	Jul 1, 2018 by janeli
The internal rate of return of a project can be found by A) discounting all cash flows at the ... Started by ghost!	1 Replies 70 Views	Jul 1, 2018 by Jody Vaughn
If the Mexican peso (MXN) to Brazilian real (BRL) exchange rate goes from 5.9 MXN/BRL to 5.2 MXN/BRL ... Started by appyboo	3 Replies 90 Views	Jul 1, 2018 by frre432
In the long run, a firm is said to be experiencing decreasing returns to scale if a 10 percent ... Started by Mr.Thesaxman	1 Replies 48 Views	Jul 1, 2018 by Joc
Increasing returns to scale result when A) in the long-run, an increase in inputs will lead to an ... Started by sdfghj	1 Replies 27 Views	Jul 1, 2018 by patma1981
In the short run, finding the optimal amount of variable input involves which relationship? A) MP ... Started by mckennatimberlake	1 Replies 51 Views	Jul 1, 2018 by s.meritte
The above figure shows the cost curves for a competitive firm. If the profit-maximizing level of ... Started by bio_gurl	1 Replies 66 Views	Jul 1, 2018 by Perkypinki
When two mutually exclusive projects are considered, the NPV calculations and the IRR calculations ... Started by Pea0909berry	1 Replies 38 Views	Jul 1, 2018 by kristenb95
If MRP > MLC, it means that a firm should A) use less labor. B) use more labor. C) increase ... Started by bb	1 Replies 18 Views	Jul 1, 2018 by vkodali
International price discrimination for a good is possible if A) goods are sold through the gray ... Started by Kthamas	1 Replies 17 Views	Jul 1, 2018 by flannelavenger
The use of the same cost of capital (risk adjusted discount rate) for all capital projects in a ... Started by Caiter2013	1 Replies 65 Views	Jul 1, 2018 by frre432
Marginal rates of technical substitution (MRTS) represent A) the optimum combinations of inputs. ... Started by Shelles	1 Replies 27 Views	Jul 1, 2018 by joechoochoy
Which of the following is the best example of two inputs that would exhibit a constant marginal rate ... Started by APUS57	1 Replies 10 Views	Jul 1, 2018 by carojassy25
If the risk adjusted discount rate method and the certainty equivalent methods are to give the same ... Started by jasdeep_brar	1 Replies 54 Views	Jul 1, 2018 by Bigfoot1984
Isocost curves represent A) least cost combinations of inputs. B) combinations of inputs that ... Started by amal	1 Replies 50 Views	Jul 1, 2018 by juiceman1987
The imposition of a quota on an imported good A) shifts the demand curve down for the good. B) ... Started by sjones	1 Replies 47 Views	Jul 1, 2018 by srodz
With asymmetric information, firms might be reluctant to improve the quality of their products ... Started by NguyenJ	1 Replies 90 Views	Jul 1, 2018 by thall411
Levying a tariff on an imported good A) shifts the demand curve down for the good. B) shifts the ... Started by javeds	3 Replies 48 Views	Jul 1, 2018 by ebenov