This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: All of the following are aspects of microeconomics EXCEPT A) monopolies. B) a firm maximizing ... (Read 42 times)

james0929

  • Hero Member
  • *****
  • Posts: 586
on: Jun 29, 2018
All of the following are aspects of microeconomics EXCEPT
 
  A) monopolies.
  B) a firm maximizing profit.
  C) a worker choosing one job over another.
  D) the average level of prices of all goods and services produced in a country in a year.

Question 2

If we are comparing the price of regular gasoline with the price of super gasoline, then an increase in the relative price of regular gasoline implies that
 
  A) the nominal price of regular gasoline increased.
  B) the nominal price of super gasoline decreased.
  C) the relative price of super gasoline decreased.
  D) the relative price of regular gasoline increased.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aham8f

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


james0929

  • Member
  • Posts: 586
Reply 2 on: Jun 29, 2018
Excellent

samiel-sayed

  • Member
  • Posts: 337
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Evolutionary ecologists live and do research in contemporary cultures that maintain all or some aspe Evolutionary ecologists live and do research in contemporary cultures that maintain all or some aspe
John Lewis Krimmel’s painting of the Fourth of July in Centre Square Philadelphia (1812) shows the d John Lewis Krimmel’s painting of the Fourth of July in Centre Square Philadelphia (1812) shows the d
Abdominal thrusts are delivered with a firm thrust into the patient’s abdomen with an upward ... Abdominal thrusts are delivered with a firm thrust into the patient’s abdomen with an upward ...
Like other aspects of culture, religion is filled with background assumptions that usually go ... Like other aspects of culture, religion is filled with background assumptions that usually go ...
One-handed kneading. Tissues are lifted with the whole hand in firm contact. One-handed kneading. Tissues are lifted with the whole hand in firm contact.
Gently squeeze/milk the arm with twisting motion. With oil or lotion on hands, use gentle but firm ... Gently squeeze/milk the arm with twisting motion. With oil or lotion on hands, use gentle but firm ...
Video: How to find out if a population is evolving?

For a complete list of videos, visit our video library