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Question : Figure 4-5 21) Refer to Figure 4-5. The figure above : 1387443

Economics

 

Figure 4-5

 

 

21) Refer to Figure 4-5. The figure above represents the market for pecans. Assume that this is a competitive market. If the price of pecans is $3, what changes in the market would result in an economically efficient output?

A) The price would increase, the quantity supplied would decrease, and the quantity demanded would increase.

B) The quantity supplied would increase, the quantity demanded would decrease, and the equilibrium price would increase.

C) The price would increase, the demand would decrease, and the supply would increase.

D) The price would increase, the quantity demanded would decrease, and the quantity supplied would increase.

 

22) Refer to Figure 4-5. The figure above represents the market for pecans. Assume that this is a competitive market. If the price of pecans is $9, what changes in the market would result in an economically efficient output?

A) The price would decrease, the quantity supplied would decrease, and the quantity demanded would increase.

B) The quantity supplied would increase, the quantity demanded would decrease, and the equilibrium price would decrease.

C) The price would decrease, the demand would increase, and the supply would decrease.

D) The price would increase, the quantity demanded would decrease, and the quantity supplied would increase.

 

 

23) Refer to Figure 4-5.  The figure above represents the market for pecans. Assume that this is a competitive market. If 8,000 pounds of pecans are sold,

A) the deadweight loss is equal to economic surplus.

B) producer surplus equals consumer surplus.

C) the marginal benefit of each of the 8,000 pounds of pecans equals $9.

D) marginal benefit is equal to marginal cost.

 

 

24) Refer to Figure 4-5.  The figure above represents the market for pecans. Assume that this is a competitive market. If 4,000 pounds of pecans are sold,

A) the deadweight loss is equal to $12,000.

B) consumer surplus equals zero.

C) the marginal benefit of each of the 4,000 pounds of pecans equals $3.

D) marginal benefit is equal to marginal cost.

 

25) Refer to Figure 4-5.  The figure above represents the market for pecans. Assume that this is a competitive market. Which of the following is true?

A) If the price of pecans is $3, the output will be economically efficient, but there will be a deadweight loss.

B) If the price of pecans is $9, consumers will purchase more than the economically efficient output.

C) Both 4,000 pounds and 12,000 pounds are economically inefficient rates of output.

D) If the price of pecans is $3, producers will sell 12,000 pounds of pecans, but this output will be economically inefficient.

 

 

26) If equilibrium is achieved in a competitive market,

A) there is no deadweight loss.

B) the deadweight loss will be maximized.

C) the deadweight loss will equal the sum of consumer surplus and producer surplus.

D) the deadweight loss will be the same as the opportunity cost of the last unit of output sold.

 

 

27) If there is a market outcome in which the marginal benefit to consumers of the last unit produced is equal to its marginal cost of production, and consumer surplus plus producer surplus is maximized, then

A) maximum deadweight loss occurs.

B) economic efficiency is achieved.

C) profits are maximized.

D) costs are minimized.

 

28) In a competitive market equilibrium the ________ equals the ________ of the last unit sold.

A) total profit; marginal benefit

B) total cost; marginal cost

C) profit; selling price

D) marginal benefit; marginal cost

 

 

29) When the marginal benefit equals the marginal cost of the last unit sold in a competitive market,

A) the net benefit of consumers is equal to the net benefit of producers.

B) an economically efficient level of output is produced.

C) producer surplus is equal to consumer surplus.

D) total benefit is equal to total cost.

 

 

 

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July 1, 2023
    

  

  1. Who gave the Renaissance its first      candid picture of human nature with the idealism of medievalism and      humanism stripped away.

  

Machiavelli

 

Erasmas

 

Cicero

 

Raphel

3 points   

Question 2 

  1. During the 1200’s Popes would      employ a military force to combat heresy and use this judicial process to      eradicate heresy within the Western culture.

  

Inquisition

 

13th   century eradication

 

War of the 1200’s

 

Catharism 

3 points   

Question 3 

  1. Who wrote Don Quizote?

  

Bennet

 

Cervantes

 

da Vinci

 

More

3 points   

Question 4 

  1. What century was the Washington      National Cathedral built in?

  

18th

 

19th

 

20th

 

17th

3 points   

Question 5 

  1. According to the chart in your      textbook, which of these types of literature occurs last?

  

Fables and Fabliaux

 

Romances

 

Troubadours

 

Epics

3 points   

Question 6 

  1. This poem is about a warrior from      southern Sweden who sails to his uncle’s court in Denmark where he slays      the monster, Grendel.

  

Beowulf

 

Song of Roland

 

Boethius

 

Charles

3 points   

Question 7 

  1. In the 13th century who      also criticized reliance on deductive logic and metaphysical speculations      and urged scientists to adopt an inductive investigation method involving      observation and experimentation with appropriate instruments and methods,      rather than mere reasoning?

  

Dante

 

Bacon

 

Aquinas

 

Augustine

3 points   

Question 8 

  1. Michelangelo’s  statue      standing as a representation of Humanism as it’s proud self.

  

Red Virgin

 

David

 

The Captive

 

Adoration of the   Lamb

3 points   

Question 9 

  1. Perhaps the best example of the      early Gothic style of architecture is found in which city?

  

Charles

 

Paris

 

Beauvais

 

Denis

3 points   

Question 10 

  1. During this time period there was      literature for town dwellers as well as country folks. This type of      literature was satirical poems depicting ordinary people in events of      everyday life with vigorous and coarse humor while ridiculing conventional      morality.

  

Fabliaux

 

Comedy

 

Romance

 

Tympanums

3 points   

Question 11 

  1. Who wrote the Canterbury Tales in      the 14th century?

  

Charlemagne

 

Chaucer

 

Michelangelo

 

Da Vinci

3 points   

Question 12 

  1. One important feature of medieval      intellectual life was expanding interest in education, which culminated in      a distinctive new institution the ____________

  

Monasteries

 

Romanesque   Architecture

 

University

 

Gothic Architecture

3 points   

Question 13 

  1. Which word best describes the      culture that gave rise to Romanesque architecture?

  

Synthesis

 

Hierarchy

 

Instability

 

Reformational

3 points   

Question 14 

  1. Coexisting with feudalism on the      lowest level of land division was the ___________system.

  

Communism

 

Manorialism

 

Socialism

 

Democracy

3 points   

Question 15 

  1. By establishing order and stability      in his lands, Charlemagne prepared the basis for a ninth-century flowering      of cultural activity often termed the____________.

  

Pepin Dynasty

 

European Dynasty

 

Carolingian   Renaissance

 

Pope’s Renaissance

3 points   

Question 16 

  1. The Carolingians also stimulated      artistic activity. One of these was the development by painters that      involved pictures within manuscript pages called _______________.

  

Illustrated

 

Carolingian

 

Illuminations

 

Romanesque

3 points   

Question 17 

  1. Consisted a hero of the      Renaissance, who wrote Utopia. Lived from 1478-1535.

  

Erasmus

 

Botticelli

 

More

 

Machiavelli

3 points   

Question 18 

  1. According to the chart in your      Textbook. What are the years of the Renaissance?

  

1200-1500

 

1400-1600

 

1350-1600

 

1300-1756

3 points   

Question 19 

  1. Who wrote the Divine Comedy, which      delineated the options available to mankind?

  

Dante

 

Chaucer

 

Petrarch

 

Shakespeare

3 points   

Question 20 

  1. Who wished to give the church a      new choir and ambulatory, one that would be full of light—symbolic of the      presence of God, through Gothic architecture?

  

Da Vinci

 

Abbot Suger

 

Robert Louis

 

St. Michael

3 points   

Question 21 

  1. The shift from the medieval to the      modern world can be described simply as the shift from a vertical to a      horizontal model of reality.

True 

False 

2 points   

Question 22 

  1. The so-called Children’s Crusade      was the only crusade that was “successful” in any meaningful sense.

True 

False 

2 points   

Question 23 

  1. Despite the authority of the      medieval Catholic church, there was a tremendous amount of diversity      within medieval literature.

True 

False 

2 points   

Question 24 

  1. Romanesque Architecture developed      from the Gothic Architecture.

True 

False 

2 points   

Question 25 

  1. Gothic cathedrals were      considerably darker than Romanesque cathedrals, and would develop before      Romanesque cathedrals.

True 

False 

2 points   

Question 26 

  1. The Arabic Muslims had destroyed      all of the Greek writings of antiquity making it difficult for the      Crusaders to find.

True 

False 

2 points   

Question 27 

  1. The heliocentric model of the      universe was developed by Bacon.

True 

False 

2 points   

Question 28 

  1. Not many churches were built      during the 11th century because of the lack of money.

True 

False 

2 points   

Question 29 

  1. During the period between      1000–1350, the economy of Europe did not develop much because of little      technology being developed.

True 

False 

2 points   

Question 30 

  1. Religious architecture was the      primary European artistic activity.

True 

False 

default image
July 1, 2023
    

  

  1. Who gave the Renaissance its first      candid picture of human nature with the idealism of medievalism and      humanism stripped away.

  

Machiavelli

 

Erasmas

 

Cicero

 

Raphel

3 points   

Question 2 

  1. During the 1200’s Popes would      employ a military force to combat heresy and use this judicial process to      eradicate heresy within the Western culture.

  

Inquisition

 

13th   century eradication

 

War of the 1200’s

 

Catharism 

3 points   

Question 3 

  1. Who wrote Don Quizote?

  

Bennet

 

Cervantes

 

da Vinci

 

More

3 points   

Question 4 

  1. What century was the Washington      National Cathedral built in?

  

18th

 

19th

 

20th

 

17th

3 points   

Question 5 

  1. According to the chart in your      textbook, which of these types of literature occurs last?

  

Fables and Fabliaux

 

Romances

 

Troubadours

 

Epics

3 points   

Question 6 

  1. This poem is about a warrior from      southern Sweden who sails to his uncle’s court in Denmark where he slays      the monster, Grendel.

  

Beowulf

 

Song of Roland

 

Boethius

 

Charles

3 points   

Question 7 

  1. In the 13th century who      also criticized reliance on deductive logic and metaphysical speculations      and urged scientists to adopt an inductive investigation method involving      observation and experimentation with appropriate instruments and methods,      rather than mere reasoning?

  

Dante

 

Bacon

 

Aquinas

 

Augustine

3 points   

Question 8 

  1. Michelangelo’s  statue      standing as a representation of Humanism as it’s proud self.

  

Red Virgin

 

David

 

The Captive

 

Adoration of the   Lamb

3 points   

Question 9 

  1. Perhaps the best example of the      early Gothic style of architecture is found in which city?

  

Charles

 

Paris

 

Beauvais

 

Denis

3 points   

Question 10 

  1. During this time period there was      literature for town dwellers as well as country folks. This type of      literature was satirical poems depicting ordinary people in events of      everyday life with vigorous and coarse humor while ridiculing conventional      morality.

  

Fabliaux

 

Comedy

 

Romance

 

Tympanums

3 points   

Question 11 

  1. Who wrote the Canterbury Tales in      the 14th century?

  

Charlemagne

 

Chaucer

 

Michelangelo

 

Da Vinci

3 points   

Question 12 

  1. One important feature of medieval      intellectual life was expanding interest in education, which culminated in      a distinctive new institution the ____________

  

Monasteries

 

Romanesque   Architecture

 

University

 

Gothic Architecture

3 points   

Question 13 

  1. Which word best describes the      culture that gave rise to Romanesque architecture?

  

Synthesis

 

Hierarchy

 

Instability

 

Reformational

3 points   

Question 14 

  1. Coexisting with feudalism on the      lowest level of land division was the ___________system.

  

Communism

 

Manorialism

 

Socialism

 

Democracy

3 points   

Question 15 

  1. By establishing order and stability      in his lands, Charlemagne prepared the basis for a ninth-century flowering      of cultural activity often termed the____________.

  

Pepin Dynasty

 

European Dynasty

 

Carolingian   Renaissance

 

Pope’s Renaissance

3 points   

Question 16 

  1. The Carolingians also stimulated      artistic activity. One of these was the development by painters that      involved pictures within manuscript pages called _______________.

  

Illustrated

 

Carolingian

 

Illuminations

 

Romanesque

3 points   

Question 17 

  1. Consisted a hero of the      Renaissance, who wrote Utopia. Lived from 1478-1535.

  

Erasmus

 

Botticelli

 

More

 

Machiavelli

3 points   

Question 18 

  1. According to the chart in your      Textbook. What are the years of the Renaissance?

  

1200-1500

 

1400-1600

 

1350-1600

 

1300-1756

3 points   

Question 19 

  1. Who wrote the Divine Comedy, which      delineated the options available to mankind?

  

Dante

 

Chaucer

 

Petrarch

 

Shakespeare

3 points   

Question 20 

  1. Who wished to give the church a      new choir and ambulatory, one that would be full of light—symbolic of the      presence of God, through Gothic architecture?

  

Da Vinci

 

Abbot Suger

 

Robert Louis

 

St. Michael

3 points   

Question 21 

  1. The shift from the medieval to the      modern world can be described simply as the shift from a vertical to a      horizontal model of reality.

True 

False 

2 points   

Question 22 

  1. The so-called Children’s Crusade      was the only crusade that was “successful” in any meaningful sense.

True 

False 

2 points   

Question 23 

  1. Despite the authority of the      medieval Catholic church, there was a tremendous amount of diversity      within medieval literature.

True 

False 

2 points   

Question 24 

  1. Romanesque Architecture developed      from the Gothic Architecture.

True 

False 

2 points   

Question 25 

  1. Gothic cathedrals were      considerably darker than Romanesque cathedrals, and would develop before      Romanesque cathedrals.

True 

False 

2 points   

Question 26 

  1. The Arabic Muslims had destroyed      all of the Greek writings of antiquity making it difficult for the      Crusaders to find.

True 

False 

2 points   

Question 27 

  1. The heliocentric model of the      universe was developed by Bacon.

True 

False 

2 points   

Question 28 

  1. Not many churches were built      during the 11th century because of the lack of money.

True 

False 

2 points   

Question 29 

  1. During the period between      1000–1350, the economy of Europe did not develop much because of little      technology being developed.

True 

False 

2 points   

Question 30 

  1. Religious architecture was the      primary European artistic activity.

True 

False 

default image
July 1, 2023
    

  

  1. Who gave the Renaissance its first      candid picture of human nature with the idealism of medievalism and      humanism stripped away.

  

Machiavelli

 

Erasmas

 

Cicero

 

Raphel

3 points   

Question 2 

  1. During the 1200’s Popes would      employ a military force to combat heresy and use this judicial process to      eradicate heresy within the Western culture.

  

Inquisition

 

13th   century eradication

 

War of the 1200’s

 

Catharism 

3 points   

Question 3 

  1. Who wrote Don Quizote?

  

Bennet

 

Cervantes

 

da Vinci

 

More

3 points   

Question 4 

  1. What century was the Washington      National Cathedral built in?

  

18th

 

19th

 

20th

 

17th

3 points   

Question 5 

  1. According to the chart in your      textbook, which of these types of literature occurs last?

  

Fables and Fabliaux

 

Romances

 

Troubadours

 

Epics

3 points   

Question 6 

  1. This poem is about a warrior from      southern Sweden who sails to his uncle’s court in Denmark where he slays      the monster, Grendel.

  

Beowulf

 

Song of Roland

 

Boethius

 

Charles

3 points   

Question 7 

  1. In the 13th century who      also criticized reliance on deductive logic and metaphysical speculations      and urged scientists to adopt an inductive investigation method involving      observation and experimentation with appropriate instruments and methods,      rather than mere reasoning?

  

Dante

 

Bacon

 

Aquinas

 

Augustine

3 points   

Question 8 

  1. Michelangelo’s  statue      standing as a representation of Humanism as it’s proud self.

  

Red Virgin

 

David

 

The Captive

 

Adoration of the   Lamb

3 points   

Question 9 

  1. Perhaps the best example of the      early Gothic style of architecture is found in which city?

  

Charles

 

Paris

 

Beauvais

 

Denis

3 points   

Question 10 

  1. During this time period there was      literature for town dwellers as well as country folks. This type of      literature was satirical poems depicting ordinary people in events of      everyday life with vigorous and coarse humor while ridiculing conventional      morality.

  

Fabliaux

 

Comedy

 

Romance

 

Tympanums

3 points   

Question 11 

  1. Who wrote the Canterbury Tales in      the 14th century?

  

Charlemagne

 

Chaucer

 

Michelangelo

 

Da Vinci

3 points   

Question 12 

  1. One important feature of medieval      intellectual life was expanding interest in education, which culminated in      a distinctive new institution the ____________

  

Monasteries

 

Romanesque   Architecture

 

University

 

Gothic Architecture

3 points   

Question 13 

  1. Which word best describes the      culture that gave rise to Romanesque architecture?

  

Synthesis

 

Hierarchy

 

Instability

 

Reformational

3 points   

Question 14 

  1. Coexisting with feudalism on the      lowest level of land division was the ___________system.

  

Communism

 

Manorialism

 

Socialism

 

Democracy

3 points   

Question 15 

  1. By establishing order and stability      in his lands, Charlemagne prepared the basis for a ninth-century flowering      of cultural activity often termed the____________.

  

Pepin Dynasty

 

European Dynasty

 

Carolingian   Renaissance

 

Pope’s Renaissance

3 points   

Question 16 

  1. The Carolingians also stimulated      artistic activity. One of these was the development by painters that      involved pictures within manuscript pages called _______________.

  

Illustrated

 

Carolingian

 

Illuminations

 

Romanesque

3 points   

Question 17 

  1. Consisted a hero of the      Renaissance, who wrote Utopia. Lived from 1478-1535.

  

Erasmus

 

Botticelli

 

More

 

Machiavelli

3 points   

Question 18 

  1. According to the chart in your      Textbook. What are the years of the Renaissance?

  

1200-1500

 

1400-1600

 

1350-1600

 

1300-1756

3 points   

Question 19 

  1. Who wrote the Divine Comedy, which      delineated the options available to mankind?

  

Dante

 

Chaucer

 

Petrarch

 

Shakespeare

3 points   

Question 20 

  1. Who wished to give the church a      new choir and ambulatory, one that would be full of light—symbolic of the      presence of God, through Gothic architecture?

  

Da Vinci

 

Abbot Suger

 

Robert Louis

 

St. Michael

3 points   

Question 21 

  1. The shift from the medieval to the      modern world can be described simply as the shift from a vertical to a      horizontal model of reality.

True 

False 

2 points   

Question 22 

  1. The so-called Children’s Crusade      was the only crusade that was “successful” in any meaningful sense.

True 

False 

2 points   

Question 23 

  1. Despite the authority of the      medieval Catholic church, there was a tremendous amount of diversity      within medieval literature.

True 

False 

2 points   

Question 24 

  1. Romanesque Architecture developed      from the Gothic Architecture.

True 

False 

2 points   

Question 25 

  1. Gothic cathedrals were      considerably darker than Romanesque cathedrals, and would develop before      Romanesque cathedrals.

True 

False 

2 points   

Question 26 

  1. The Arabic Muslims had destroyed      all of the Greek writings of antiquity making it difficult for the      Crusaders to find.

True 

False 

2 points   

Question 27 

  1. The heliocentric model of the      universe was developed by Bacon.

True 

False 

2 points   

Question 28 

  1. Not many churches were built      during the 11th century because of the lack of money.

True 

False 

2 points   

Question 29 

  1. During the period between      1000–1350, the economy of Europe did not develop much because of little      technology being developed.

True 

False 

2 points   

Question 30 

  1. Religious architecture was the      primary European artistic activity.

True 

False 

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Business, 7 pages
Argumentative Essay
August 5, 2021
    

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customer #19304
Management, 3 pages
Coursework
August 5, 2021
    

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customer #12387
Accounting, 6 pages
Essay (any type)
August 5, 2021
    

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customer #12924
Ethics, 4 pages
Business Plan
August 5, 2021
    

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Marketing, 10 pages
Annotated Bibliography
August 5, 2021
    

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Sociology, 9 pages
Research proposal
August 5, 2021
    

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customer #15327
Economics, 5 pages
Essay (any type)
August 5, 2021
    

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customer #17823
Human Resource Management, 2 pages
Research paper
August 5, 2021
    

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Public Relations, 3 pages
Dissertation
August 5, 2021
    

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Journal article, 20 pages
Coursework
August 5, 2021
    

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Political Science, 6 pages
Admission Essay
August 5, 2021
    

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Tourism, 1 page
Discussion Essay
August 5, 2021
    

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Philosophy, 5 pages
Report
August 5, 2021
    

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customer #10923
Psychology, 4 pages
Essay (any type)
August 5, 2021
    

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customer #17823
Business, 8 pages

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
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  • Money-back guarantee
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  • Part-by-part delivery
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Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

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Money-back guarantee

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