Reference no: EM13815617
1. When a producer makes more goods at every possible price
a. The government has interfered.
b. There has been a change in fixed costs
c. The supply curve has shifted to the left
d. The supply curve has shifted to the right
2. The theory of production deals with the relationship between the factors of production and
a. Variable costs
b. The amount of overhead that is expected in production
c. The output of goods and services
d. The amount of taxes levied on goods
3. Property taxes and rent payments would be classified as which types of costs?
a. Fixed costs
b. Marginal costs
c. Variable costs
d. Total costs
4. One advantage of e-commerce is that
a. e-commerce does not have any foreign competition
b. Many times the overhead costs are relatively low
c. The government does not pass taxes on e-businesses
d. The government does not regulate it
5. Maximum profits are made when marginal revenue
a. Is equal to marginal cost.
b. is more than half of marginal cost
c. Is less than marginal cost.
d. Is more than marginal cost
|
Assignment covering a political campaign
: Imagine you are a rookie news journalist, and you just completed your first major assignment covering a political campaign, including extensive research of websites to provide the political background of your story. Your best friend e-mails you an..
|
|
Assignment on group bonding
: Assignment on Group Bonding
|
|
Workplace is costly to provide for a manufacturing firm
: Assume that safety in the workplace is costly to provide for a manufacturing firm. Draw an isoprofit curve map for the firm with the wage rate on the vertical axis and risk of injury on the horizontal axis. Explain why the graph looks as you have dra..
|
|
Effect of legalizing marijuana to police department
: Prepare a memorandum to the department's division head summarizing effect of legalizing marijuana to police department personnel. Your audience is the sheriff and/or chiefs of police in your county
|
|
Maximum profits are made when marginal revenue
: When a producer makes more goods at every possible price. The theory of production deals with the relationship between the factors of production and. Maximum profits are made when marginal revenue. One advantage of e-commerce is that
|
|
Write about how power of women changed the culture
: Write about how power of women changed the culture and the economy at the same time, when they gave women the right to vote they moved from working class to professional class
|
|
Assignment on family therapist
: Family Therapist
|
|
Entering the manufacturing arena
: If Nike has no intentions of actually entering the manufacturing arena, is its supply chain management team being ethical with the current manufacturers if the team mentions this credible threat numerous times in annual pricing negotiations? Why or w..
|
|
Decided to impose pollution tax on its polluting firms
: Consider a city that has decided to impose a pollution tax on its polluting firms. How would wages and employment be affected? How does the result depend upon the elasticity of supply of labor with respect to environmental quality? The wage elasticit..
|