Firms profit-maximizing level of capital is determined where

Assignment Help Microeconomics
Reference no: EM13697444

1. Which of the following unions would fit into the C.I.O?

a) Teachers union

b) Coal miners union

c) Doctor's union

d) Electrician's union

e) Plumber's union

2. Present investment is?

a) Preferred to future investment, assuming a greater "ROR."

b) not preferred to future consumption

c) Preferred to future saving

d) not preferred to future saving

e) financed out of present saving

3. If the interest rate is 20 percent?

a) 100 lent today will earn 120 by next year

b) 80 lent today will earn 100 by next year

c) 100 lent today will earn 102 by next year

d) 98 lent today will earn 100 by next year

e) 100 lent today will earn 105 by next year

4. If the interest rate goes from 4 percent to 10 percent, individuals will want to?

a) save more borrow more

b) save less and borrow less

c) save more and borrow less

d) save less and borrow more

e) borrow less, but save the same amount

5. Financial intermediaries (banks) bring supplier and demanders together in the market for?

a) checking

b) loans

c) saving

d) investment

e) income

6. The firms profit-maximizing level of capital is determined where?

a) The marginal revenue product of capital curve cuts the total resource cost curve.

b) The marginal revenue product of capital curve is greater than or equal to the marginal resource cost curve.

c) The price of capital line cuts the marginal cost of capital survey from below.

d) the price of capital line cuts the marginal cost of capital curve from above.

e) The marginal revenue product of capital is tangent to the interest rate line

Reference no: EM13697444

Questions Cloud

In conducting expansionary monetary policy : In conducting expansionary monetary policy, even if the Federal Reserve Bank is providing reserves to the banking system, during a recession or during periods of slow economic growth, banks may choose not to lend out their reserves when interest rate..
Two types of used cars on the market : There are two types of used cars on the market: Lemons and Cherries. Lemons are worth $200 to sellers and $600 to buyers. Cherries are worth $800 to sellers and $1200 to buyers. Buyers know how many cars of each type are available for sale, but they ..
What is the effective annual interest rate : A loan shark offers you $70 dollar interest payment to loan you $300 for 2 months. what is the effective annual interest rate:
What is the amount of the second annual payment : Andrew has taken out a loan for $7,000 with the following terms: interest is only charged on annual payments during the first 4 years, and a payment of the rest of the money owed at the end of the 5th year. The bank is only charging 4.17%. What is th..
Firms profit-maximizing level of capital is determined where : Present investment is? If the interest rate is 20 percent? Financial intermediaries (banks) bring supplier and demanders together in the market for? The firms profit-maximizing level of capital is determined where?
Measured rate of unemployment not accurately reflect : Why might the official measured rate of unemployment not accurately reflect “real unemployment? What has contributed to the public debt in recent times? What are the burdens associated with a large and growing public debt?What constraint do policy ma..
True about a monopoly : Suppose a firm is currently maximizing its profits (i.e., following the MR = MC rule). Assuming that it wants to continue maximizing its profits, if its fixed costs increase, it should. Which of the following is true about a monopoly?
Calculate depreciation. : Calculate depreciation A machine cost $800,000 on April 1, 2014. Its estimated salvage value is $80,000 and its expected life is eight years.
Government expenditure affect aggregate demand : How do tax changes and government expenditure affect aggregate demand (AD)? Explain the role of built-in stabilizers in preventing recession and excessive inflation. When are budget deficits useful to public policy?

Reviews

Write a Review

 

Microeconomics Questions & Answers

  Salvage value-existing machine be replaced with new machine

A machine was installed 5 years ago. Its market value is now $15,000 and is expected to decline by 10%/year over the next five years. It is projected that this machine will be operational for another five years, after which time it will be scrapped (..

  State the conditions under which a nation can gain from

State the conditions under which a nation can gain from international trade in the context of both comparative and absolute advantage, and describe the benefits of international trade.

  Scenarios demonstrates the concept of free-riding

A school fundraiser raffles off a free trip to Hawaii. Many people purchase raffle tickets, but there is only one winner.

  Why competitive-profit-maximizing firms hire labor

Normal 0 false false false EN-US X-NONE X-NONE Explain briefly why competi..

  Summary of endogenous and exogenous growth theories

Developing a brief summary of endogenous and exogenous growth theories.

  1nbspnbspproduction possibility frontiers studying or

1.nbspnbspproduction possibility frontiers studying or socializing?nbspa. nbspdraw a production possibilities curve for

  Production possibilities curve among health and other goods

Draw a production possibilities curve among health and all other goods. Insert a point in the drawing that illustrates an economy with an inefficient health system. Insert two additional points that illustrate two efficient economies, but two that co..

  Calculate the consumer price index

Suppose a basket of goods and services has been selected to calculate the consumer price index (CPI) and 2002 has been selected as the base year. In 2002, the baskets cost was $600; in 2004, the baskets cost was $650; and in 2006, the baskets cost..

  Health administration question-answer each of the

health administration question-answer each of the questions below note that each question is of equal weight and that

  A linear program has been resolved and sensitivity analysis

a linear program has been solved and sensitivity analysis has been performed. the ranges for the objective function

  Describe how unemployment insurance subsidizes certain

there are some subsidy features to unemployment insurance primarily for jobs that are unattractive or that offer

  Calculate the equilibrium price and quantity

Calculate the equilibrium price and quantity

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd