External link to Question : 51.Formoststudents,theearningstheygiveuptoattendcollegeare a.aminorcostwhencomparedtothecostsoftuition,roomandboard,andthelike. b.thesinglelargestcostoftheireducation. c.abo : 1261372

Question : 51.Formoststudents,theearningstheygiveuptoattendcollegeare a.aminorcostwhencomparedtothecostsoftuition,roomandboard,andthelike. b.thesinglelargestcostoftheireducation. c.abo : 1261372

  51.Formoststudents,theearningstheygiveuptoattendcollegeare a.aminorcostwhencomparedtothecostsoftuition,roomandboard,andthelike. b.thesinglelargestcostoftheireducation. c.aboutequaltothecostsofroomandboardatcollege. d.notconsideredtruecostsbyaneconomist. 52.Theopportunitycostofgoingtocollegeis a.thetotalspentonfood,clothing,books,transportation,tuition,lodging,andotherexpenses. b.thevalueofthebestopportunityastudentgivesuptoattendcollege. c.zeroforstudentswhoarefortunateenoughtohavealloftheircollegeexpensespaidbysomeoneelse. d.zero,sinceacollegeeducationwillallowastudenttoearnalargerincomeaftergraduation. 53.Whichofthe followingisnotanexampleoftheopportunitycostofgoingtoschool? a.Themoneyastudentcouldhaveearnedbyworkingifhehadnotgonetocollege. b.Thenapastudentcouldhaveenjoyedifhehadnotattendedclass. c.Thepartyastudentcouldhaveenjoyedifhehadnotstayedintostudyforhisexam. d.Themoneyastudentspendsonrentforhisapartmentwhileattendingschool. 54.Foracollegestudentwhowishestocalculatethetruecostsofgoingtocollege,thecostsofroomandboard a.shouldbecountedinfull,regardlessofthecostsofeatingandsleepingelsewhere. b.shouldbecountedonlytotheextentthattheyaremoreexpensiveatcollegethanelsewhere. c.usuallyexceedtheopportunitycostofgoingtocollege. d.plusthecostoftuition,equalstheopportunitycostofgoingtocollege. 55.Whenyoucalculateyourtruecostsofgoingtocollege,whatportionofyourroom-and-boardexpensesshouldbeincluded? a.Yourfullroom-and-boardexpensesshouldalwaysbeincluded. b.Noneofyourroom-and-boardexpensesshouldeverbeincluded. c.Youshouldincludeonlytheamountbywhichyourroom-and-boardexpensesexceedtheincomeyouearnwhileattendingcollege. d.Youshouldincludeonlytheamountbywhichyourroom-and-boardexpensesexceedtheexpensesforrentandfoodifyouwerenotincollege. 56.ConsiderFrank’sdecisiontogotocollege.Ifhegoestocollege,hewillspend$21,000ontuition,$11,000onroomandboard,and$1,800onbooks.Ifhedoesnotgotocollege,hewillearn$16,000workinginastoreandspend$7,200onroomandboard.Frank’scostofgoingtocollegeis a.$33,800. b.$42,600. c.$49,800. d.$57,000. 57.Supposeaftergraduatingfromcollegeyougetajobworkingatabankearning$30,000peryear.Aftertwoyearsofworkingatthebankearningthesamesalary,youhaveanopportunitytoenrollinaone-yeargraduateprogramthatwouldrequireyoutoquityourjobatthebank.Whichofthefollowingshouldnotbeincludedinacalculationofyouropportunitycost? a.thecostoftuitionandbookstoattendthegraduateprogram b.the$30,000salarythatyoucouldhaveearnedifyouretainedyourjobatthebank c.the$45,000salarythatyouwillbeabletoearnafterhavingcompletedyourgraduateprogram d.thevalueofinsurancecoverageandotheremployeebenefitsyouwouldhavereceivedifyouretainedyourjobatthebank 58.Forwhichofthefollowingindividualswouldtheopportunitycostofgoingtocollegebehighest? a.apromisingyoungmathematicianwhowillcommandahighsalaryoncesheearnshercollegedegree b.astudentwithaveragegradeswhohasneverheldajob c.afamous,highly-paidactorwhowantstotaketimeawayfromshowbusinesstofinishcollegeandearnadegree d.astudentwhoisthebestplayeronhiscollegebasketballteam,butwholackstheskillsnecessarytoplayprofessionalbasketball 59.ConsiderMandy’sdecisiontogotocollege.Ifshegoestocollege,shewillspend$20,000ontuition,$10,000onroomandboard,and$2,000onbooks.Ifshedoesnotgotocollege,shewillearn$18,000workinginastoreandspend$8,000onroomandboard.Mandy’scostofgoingtocollegeis a.$32,000. b.$42,000. c.$50,000. d.$58,000. 60.ConsiderNoah’sdecisiontogotocollege.Ifhegoestocollege,hewillspend$80,000ontuition,$15,000onroomandboard,and$4,000onbooks.Ifhedoesnotgotocollege,hewillearn$22,000workinginastoreandhewillspend$13,000onroomandboard.Noah’scostofgoingtocollegeis a.$99,000. b.$103,000. c.$108,000. d.$121,000.    

External link to Question : 51) The United States one of the richest nations in : 1228142

Question : 51) The United States one of the richest nations in : 1228142

    51) The United States is one of the richest nations in the world, A) so it does not need to trade with poor nations in order to achieve any gains from trade. B) so it might not have a comparative advantage in producing any goods. C) but it can still benefit from specialization and trade. D) so it must have a comparative advantage […]

External link to Question : 8.2   The Natural Unemployment Rate 1) The unemployment rate at full : 1240947

Question : 8.2   The Natural Unemployment Rate 1) The unemployment rate at full : 1240947

  8.2   The Natural Unemployment Rate   1) The unemployment rate at full employment is A) zero. B) the natural unemployment rate. C) equal to the rationed rate of unemployment. D) undefined because the economy is never at full employment. E) equal the amount of unemployment caused by job search. 2) Which of the following explain the natural rate of unemployment? i.job search ii.the Okun […]

External link to Question : Multiple Choice 1. Rick was born with male and female sex : 1353021

Question : Multiple Choice 1. Rick was born with male and female sex : 1353021

Multiple Choice 1. Rick was born with male and female sex organs.  Which of the following is the best term to describe Rick as a person with biological qualities of a male and a female? A. transsexuals B. intersexed C. transgendered D. gender rebels E. dualsexed 2.  Information about sex, gender, and communication is best gleaned through A.  quantitative research methods B.  qualitative research methods […]

External link to Question : 61.RefertoTable11-1.Supposethecosttobuildtheparkis$24peracre.HowmanyacresshouldtheparkbetomaximizetotalsurplusfromtheparkinSpringfield? a.1acres b.2acres c.3acres : 1261434

Question : 61.RefertoTable11-1.Supposethecosttobuildtheparkis$24peracre.HowmanyacresshouldtheparkbetomaximizetotalsurplusfromtheparkinSpringfield? a.1acres b.2acres c.3acres : 1261434

  61.RefertoTable11-1.Supposethecosttobuildtheparkis$24peracre.HowmanyacresshouldtheparkbetomaximizetotalsurplusfromtheparkinSpringfield? a.1acres b.2acres c.3acres d.4acres 62.RefertoTable11-1.Supposethecosttobuildtheparkis$9peracre.HowlargeshouldtheparkbetomaximizetotalsurplusfromtheparkinSpringfield? a.2acres b.3acres c.4acres d.5acres 63.RefertoTable11-1.Supposethecosttobuildtheparkis$24peracreandthattheresidentshaveagreedtosplitthecostofbuildingtheparkequally.Iftheresidentsvotetodeterminethesizeofparktobuild,basingtheirdecisionsolelyontheirownwillingnesstopay(andtryingtomaximizetheirownsurplus),whatisthelargestparksizeforwhichthemajorityofresidentswouldvote“yes?” a.0acres b.1acre c.2acres d.3acres 64.RefertoTable11-1.Supposethecosttobuildtheparkis$9peracreandthattheresidentshaveagreedtosplitthecostofbuildingtheparkequally.Iftheresidentsvotetodeterminethesizeofparktobuild,basingtheirdecisionsolelyontheirownwillingnesstopay(andtryingtomaximizetheirownsurplus),whatisthelargestparksizeforwhichthemajorityofresidentswouldvote“yes?” a.1acre b.2acres c.3acres d.4acres 65.RefertoTable11-1.Supposethecosttobuildtheparkis$24peracreandthattheresidentshaveagreedtosplitthecostofbuildingtheparkequally.Tomaximizehisownsurplus,howmanyacreswouldCedriclikeSpringfieldtobuild? a.0acres b.1acre c.2acres d.3acres 66.RefertoTable11-1.Supposethecosttobuildtheparkis$24peracreandthattheresidentshaveagreedtosplitthecostofbuildingtheparkequally.Iftheresidentsdecidetobuildaparkwithsizeequaltothenumberofacresthatmaximizestotalsurplusfromthepark,howmuchtotalsurpluswillSophiareceive? a.-$5 b.-$2 c.$0 d.$2 67.RefertoTable11-1.Supposethecosttobuildtheparkis$24peracreandthattheresidentshaveagreedtosplitthecostofbuildingtheparkequally.Iftheresidentsdecidetobuildaparkwithsizeequaltothenumberofacresthatmaximizestotalsurplusfromthepark,howmuchtotalsurpluswillAmberreceive? a.$0b.$26c.$32d.$56 Table11-2   Considerasmalltownwithonlythreefamilies,theGreenefamily,theBrownfamily,andtheBlackfamily.Thetowndoesnotcurrentlyhaveanystreetlightssoitisverydarkatnight.ThethreefamiliesareconsideringputtinginstreetlightsonMainStreetandaretryingtodeterminehowmanylightstoinstall.Thetablebelowshowseachfamily’swillingnesstopayforeachstreetlight.     Number ofStreetlights   TheGreeneFamily   TheBrownFamily   TheBlackFamily 1 $340 $480 $420 2 260 380 400 3 160 260 340 4 40 130 240 5 0 50 […]

External link to Question : 11.Thetraditionalviewoftheproductionprocessisthatcapitalissubjectto a.constantreturns. b.increasingreturns. c.diminishingreturns. d.diminishingreturnsforlowle : 1261749

Question : 11.Thetraditionalviewoftheproductionprocessisthatcapitalissubjectto a.constantreturns. b.increasingreturns. c.diminishingreturns. d.diminishingreturnsforlowle : 1261749

  11.Thetraditionalviewoftheproductionprocessisthatcapitalissubjectto a.constantreturns. b.increasingreturns. c.diminishingreturns. d.diminishingreturnsforlowlevelsofcapital,andincreasingreturnsforhighlevelsofcapital. 12.Iftherearediminishingreturnstocapital,then a.capitalproducesfewergoodsasitages. b.oldideasarenotasusefulasnewones. c.increasesinthecapitalstockeventuallydecreaseoutput. d.increasesinthecapitalstockincreaseoutputbyeversmalleramounts. 13.Allelseequal,iftherearediminishingreturns,thenwhichofthefollowingistrueifacountryincreasesitscapitalbyoneunit? a.Outputwillrisebymorethanitdidwhenthepreviousunitwasadded. b.Outputwillrisebutbylessthanitdidwhenthepreviousunitwasadded. c.Outputwillfallbymorethanitdidwhenthepreviousunitwasadded. d.Outputwillfallbutbylessthenitdidwhenthepreviousunitwasadded. 14.Allelseequal,iftherearediminishingreturns,thenifacountryraiseditscapitalby100unitslastyearandby100unitsthisyear, a.theincreaseinoutputwasgreaterforthisyearthanlastyear. b.theincreaseinoutputwasgreaterlastyearthanthisyear. c.theincreaseinoutputisthesameinbothyears. d.Noneoftheaboveisnecessarilycorrect. 15.CountryAandcountryBarethesameexceptcountryAcurrentlyhasmorecapital.Assumingdiminishingreturns,ifbothcountriesincreasetheircapitalby100unitsandotherfactorsthatdetermineoutputareunchanged,then a.outputincountryAincreasesbymorethanincountryB. b.outputincountryAincreasesbythesameamountasincountryB. c.outputincountryAincreasesbylessthanincountryB. d.Noneoftheaboveisnecessarilycorrect. 16.CountryAandcountryBbothincreasetheircapitalstockbyoneunit.OutputincountryAincreasesby12whileoutputincountryBincreasesby15.Otherthingsthesame,diminishingreturnsimpliesthatcountryAis a.richerthanCountryB.IfCountryAaddsanotherunitofcapital,outputwillincreasebymorethan12units. b.richerthanCountryB.IfCountryAaddsanotherunitofcapital,outputwillincreasebylessthan12units. c.poorerthanCountryB.IfCountryAaddsanotherunitofcapital,outputwillincreasebymorethan12units. d.poorerthanCountryB.IfCountryAaddsanotherunitofcapital,outputwillincreasebylessthan12units. 17.CountryAandcountryBbothincreasetheircapitalstockbyoneunit.OutputincountryAincreasesby10whileoutputincountryBincreasesby8.Otherthingsthesame,diminishingreturnsimpliesthatcountryAis a.richerthanCountryB.IfCountryAaddsanotherunitofcapital,outputwillincreasebymorethan10units. b.richerthanCountryB.IfCountryAaddsanotherunitofcapital,outputwillincreasebylessthan10units. c.poorerthanCountryB.IfCountryAaddsanotherunitofcapital,outputwillincreasebymorethan10units. d.poorerthanCountryB.IfCountryAaddsanotherunitofcapital,outputwillincreasebylessthan10units. 18.Onaproductionfunction,ascapitalperworkerincreases,outputperworker a.increases.Thisincreaseislargeratlargervaluesofcapitalperworker. b.increases.Thisincreaseissmalleratlargervaluesofcapitalperworker. c.decreases.Thisdecreaseislargeratlargervalueofcapitalperworker. d.decreases.Thisdecreaseissmalleratlargervalueofcapitalperworker. 19.Accordingtothetraditionalviewoftheproductionfunction,whichofthefollowingvaluesoftheadditionstooutputperworkerwouldbeconsistentwithmovingfrom5to6,andthenfrom6to7,andthenfrom7to8unitsofcapitalperworkerinthatorder? a.40,40, 40 b.40, 35,38 c.40,34, 32 d.40, 43,48 20.Allelseequal,iftherearediminishingreturns,thenwhathappenstoproductivityifbothcapitalandlaborincrease? a.Productivitywilldefinitelyfall. b.Productivitywilldefinitelybeunchanged. c.Productivitywilldefinitelyrise. d.Noneoftheabovearenecessarilycorrect.    

External link to Question : 16.1   The Federal Budget 1) The federal budget defined as A) a : 1238209

Question : 16.1   The Federal Budget 1) The federal budget defined as A) a : 1238209

  16.1   The Federal Budget 1) The federal budget is defined as A) a monthly statement of expenditure laws passed by the U.S. government. B) a monthly statement of whether the U.S. government is in deficit or surplus. C) an annual statement of U.S. government violations of international laws. D) an annual statement of expenditures and tax revenues of the U.S. government. E) an annual […]

External link to Question : 21) When the price rises and the supply curve does : 1226489

Question : 21) When the price rises and the supply curve does : 1226489

    21) When the price rises and the supply curve does not shift, the firms’ producer surplus ________. When the price falls and the supply curve does not shift, the firms’ producer surplus ________. A) increases; decreases B) decreases; increases C) decreases; decreases D) increases; increases E) does not change; does not change   22) The producer surplus of making and selling 10 chairs […]

External link to Question : 11.What the name for the narrow moist zone above the : 1331252

Question : 11.What the name for the narrow moist zone above the : 1331252

  11.What is the name for the narrow moist zone above the water table? a.zone of aeration b.capillary fringe c.water table d.pressure head e.aquiclude 12.Steams that add water to the underlying groundwater resource are called which of the following? a.altruistic streams b.gaining streams c.losing streams d.perennial streams e.rejuvenated streams 13.What does Darcy’s Law pertain to? a.the volume rate of flow of a stream b.the volume […]

External link to Question : 61) When creating an affirmative action plan, the central concern : 1346199

Question : 61) When creating an affirmative action plan, the central concern : 1346199

    61) When creating an affirmative action plan, the central concern is: A) determining how many of each protected class to hire. B) determining how much preference to give members of the underutilized protected class. C) analyzing the impact of the plan on nonprotected classes in light of recent court decisions regarding reverse discrimination. D) setting up the appropriate barriers to nonprotected class applicants. […]

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