21) Which of the following is a microeconomic topic? i)Gas prices increase after a hurricane hits the gulf coast. ii)Xavier starts a new business designing web pages. iii)Abby decides to practice an extra hour of soccer instead of studying. A) i, ii and iii B) i only C) ii and iii D) ii only E) i and ii 22) Macroeconomics is the study […]
Labor (workers) Output (frijoles) Total cost (dollars) 0 0 1,000 5 1,000 3,000 10 3,000 5,000 15 4,000 7,000 20 4,500 9,000 49) The above table gives some production and cost information for Flaming Fernando’s, a restaurant that sells Fiery Frijoles. What is the total fixed cost of producing 4,500 frijoles? A) $1000 B) $8000 C) $9000 D) $2,000 E) More […]
31) Collusion A) is rampant in perfect competition as all firms charge the same price. B) reduces market concentration in an industry. C) among firms is difficult to maintain because it eliminates long run economic profit. D) is more difficult when there are many firms producing differentiated products in an industry. 32) Airlines often engage in last-minute price cutting to fill […]
8.5 Integrative Questions 1) The phrase “tax incidence” refers to A) how easy it is to evade the tax. B) how taxes redistribute income. C) the degree of progressiveness or regressiveness of the tax. D) who actually bears the burden of paying the tax. E) how much the government collects in revenue from a tax. 2) If the demand curve for hamburgers is downward […]
61.Assuming elasticity is reported in absolute value, an elastic demand has a measured elasticity: A. greater than one. B. less than one. C. of exactly one. D. greater than zero and less than one. 62.Assuming elasticity is reported in absolute value, an inelastic demand has a measured elasticity: A. of greater than zero. B. of greater than one. C. of less than one. D. of exactly one. 63.Assuming elasticity is reported […]
121.Electronicsfirmsmaybeabletogetpatentsontheirideas.Doingsomakestheirideas a.privategoodsratherthanpublicgoods.Thisgivespeoplemoreincentivetoengageinresearch. b.privategoodsratherthanpublicgoods.Thisgivespeoplelessincentivetoengageinresearch. c.publicgoodsratherthanprivategoods.Thisgivespeoplemoreincentivetoengageinresearch. d.publicgoodsratherthanprivategoods.Thisgivespeoplemoreincentivetoengageinprivateresearch. 122.Onceanideaenterssociety’spoolofknowledge,theideabecomesa a.societalgood. b.privategood. c.publicgood. d.proprietarygood. 123.InmedievalEuropeanimportanttechnologicaladvancewastheuseofthepaddedhorsecollarforplowing.Oncethisideawasthoughtof,otherpeopleusedit.Thisillustratesthatknowledgeisgenerallya a.publicgood. b.societalgood. c.privategood. d.normalgood. 124.Inthe19thcenturyJohnDeeretookoutapatentonanewlydesignedplowthatincorporatedsteeltomakeplowingfaster.Manyfarmersboughtplowsfromhiscompanyandhemademillions.Thisexampleshowsthatpatentsturnanideaintoa a.publicgood. b.societalgood. c.privategood. d.normalgood. 125.Arapidincreaseinthenumberofworkers,otherthingsthesame,islikelyintheshorttermto a.raiserealGDPperperson,butdecreaserealGDP. b.decreasebothrealGDPandrealGDPperperson. c.raisebothrealGDPandrealGDPperperson. d.raiserealGDP,butdecreaserealGDPperperson. 126.Ifthebesteducatedandmostskilledpersonsleaveacountry,thenintheshorttermthiscountry’shumancapitalperworker a.andphysicalcapitalperworkerwillincrease. b.andphysicalcapitalperworkerwilldecrease. c.willincreasebutphysicalcapitalperworkerwilldecrease. d.willdecreasebutphysicalcapitalperworkerwillincrease. 127.Becauseofitseffectontheamountofcapitalperworker,intheshorttermanincreaseintheworkingpopulationislikelyto a.raiseproductivity.Otherthingsthesame,thisincreasewillbelargerinapoorcountry. b.raiseproductivity.Otherthingsthesame,thisincreasewillbelargerinarichcountry. c.reduceproductivity.Otherthingsthesame,thisdecreasewillbelargerinapoorcountry. d.reduceproductivity.Otherthingsthesame,thisdecreasewillbelargerinarichcountry. 128.Otherthingsthesame,anincreaseinpopulationgrowth a.increasescapitalperworker.Further,thereissomeevidencethatahigherpopulationgrowthratemayincreasethepaceoftechnologicalprogress. b.increasescapitalperworker.However,thereissomeevidencethatahigherpopulationgrowthratemaydecreasethepaceoftechnologicalprogress. c.decreasescapitalperworker.Further,thereissomeevidencethatahigherpopulationgrowthratemaydecreasethepaceoftechnologicalprogress. d.decreasescapitalperworker.However,thereissomeevidencethatahigherpopulationgrowthratemayincreasethepaceoftechnologicalprogress. 129.Ifoverashorttimethereisanincreaseinthenumberofpeopleretiredandadecreaseinthenumberofpeopleworking,thenproductivity a.andrealGDPperpersonrise. b.risesbutrealGDPperpersonfalls. c.fallsandrealGDPperpersonrises. d.andrealGDPperpersonfall. 130.Ifoverashorttimealargenumberofteenagersbecomeoldenoughtofindemploymentandamuchsmallernumberofpeopleretire,thenproductivity a.andrealGDPperpersonrise. b.risesbutrealGDPperpersonfalls. c.fallsbutrealGDPperpersonrises. d.andrealGDPperpersonfall.
21. The Thematic Apperception Test (TAT) is used to measure: a. a person’s tendency to not use perception. b. the achievement motive of an individual. c. the equity perceptions of an individual. d. cognitive themes of an individual. 22. Management Sciences for Health CEO Jonathan Quick displayed a high need for socialized versus personalized power. He would probably: a. be an effective leader and […]
101) The government sector balance is a A) $900 billion deficit. B) $900 billion surplus. C) $2,900 billion balanced budget. D) $2,900 billion trade deficit. E) $500 billion deficit. 102) A country’s balance of payments accounts records its A) tax receipts and expenditures. B) tariffs and nontariff revenue and government purchases. C) international trading, borrowing, and lending. D) international exports and imports and […]
Article Summary Administrative overhead costs resulting from insurance companies handling reimbursement claims is in large part the reason that health care in the United States is much more expensive than in other countries. An analysis on the administration costs of health care in the United States found that roughly 30 percent of the costs of health care are administrative and that more than 25 […]
111.Which of the following is most likely to necessitate the delegation of marketing functions to national subsidiaries? A. Differences in distribution channels B. Pressures for decreasing consumer surplus C. Lack of product customization D. Pressures for increasing economies of scale E. Pressures for increasing consumers’ reservation price 112.Which of the following is most likely to require a firm to be locally responsive in a host-country? A. Similarity in distribution channels […]
For the purpose of this Project, you are still the InfoSec Specialist for the Makestuff Company. Consider this project a continuation of the work you performed in Project 1.
With the scenario in mind, thoroughly answer the following questions (in paragraph format, properly citing outside research, where appropriate):
1. What permissions/authorities should you have before you search Mr. Yourprop’s former Company work area, and how would you document that authority?
2. (Looking at the photo of Mr. Yourprop’s work area, provided for Project 2 in the Course Content area) Identify three (3) potential items of digital evidence you see in the photo. For EACH item of digital evidence you identified, explain what potential use that item would be to your investigation (e.g., what type of data that item might hold) AND how you would collect that item as evidence (with emphasis on your care and handling of that item consistent with digital forensic best practices described in your textbook).
3. (Looking at the photo of Mr. Yourprop’s work area, provided for Project 2 in the Course Content area) Identify three (3) potential items of non-digital evidence you see in the photo. For EACH item of non-digital evidence you identified, explain what potential use that item would be to your investigation AND how you would collect that item as evidence.
4. (Looking at the Evidence Custody Document and item photographs, provided for Project 2 in the Course Content area) Read the Evidence Custody Document prepared by one of your co-workers, in which he is attempting to seize the three items pictured in the accompanying photos. Did your co-worker adequately describe each item? What could you add to the descriptions, and for which items (based on what you see in the photos), to make them more complete and serve as an example to your co-worker of what they SHOULD look like?
5. How should the items you collected as evidence be stored in your evidence room. Describe any environmental conditions or concerns for your evidence room (digital evidence can require some unique considerations!), as well any security procedures that should be in place.
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