External link to Question : 41.In a society, actions of people directed toward one another : 1299244

Question : 41.In a society, actions of people directed toward one another : 1299244

  41.In a society, actions of people directed toward one another are governed by a set of social rules called:   A. norms. B. manifestoes. C. structures. D. scriptures. E. dialects. 42._____ are social conventions concerning things such as the appropriate dress code in a particular situation, good social manners, eating with the correct utensils, neighborly behavior, and the like.   A. Folkways B. Proscriptions C. Reprobations D. Fellowships E. Taboos 43.Which of the following […]

External link to Question : 85) Assume that the hourly price for the services of : 1387414

Question : 85) Assume that the hourly price for the services of : 1387414

    85) Assume that the hourly price for the services of personal trainers has risen and sales of these services have also risen. One can conclude that A) the law of demand has been violated. B) the number of personal trainers has increased. C) the demand for personal trainers has increased. D) personal trainers are deliberately charging high prices because they provide services for […]

External link to Question : 51) The above figure shows the market for college education : 1241048

Question : 51) The above figure shows the market for college education : 1241048

        51) The above figure shows the market for college education in the United States. With no government intervention, the market equilibrium is at a tuition of ________ and ________ million students per year. A) 16,000; 14 B) $20,000; 10 C) $13,000; 10 D) $13,000; 17 E) $16,000; 10 52) The above figure shows the market for college education in the United […]

External link to Question : 23) In the figure above, suppose the market at equilibrium. : 1241549

Question : 23) In the figure above, suppose the market at equilibrium. : 1241549

      23) In the figure above, suppose the market is at equilibrium. Then area A is the A) marginal benefit. B) marginal cost. C) amount of the consumer surplus. D) amount of the producer surplus. E) deadweight loss. 24) In the figure above, suppose the market is at equilibrium. Then area B is the A) marginal benefit. B) marginal cost. C) amount of […]

External link to Question : 9.2   Costs and Benefits of a Tariff 1) If a good : 1303533

Question : 9.2   Costs and Benefits of a Tariff 1) If a good : 1303533

    9.2   Costs and Benefits of a Tariff   1) If a good is imported into (large) country H from country F, then the imposition of a tariff in country H A) raises the price of the good in both countries (the “Law of One Price”). B) raises the price in country H and cannot affect its price in country F. C) lowers the […]

External link to Question : 11) The law of demand implies that, other things remaining : 1226424

Question : 11) The law of demand implies that, other things remaining : 1226424

    11) The law of demand implies that, other things remaining the same, A) as the price of a cheeseburger rises, the quantity of cheeseburgers demanded increases. B) as the price of a cheeseburger rises, the quantity of cheeseburgers demanded decreases. C) as income increases, the quantity of cheeseburgers demanded increases. D) as the demand for cheeseburgers increases, the price of a cheeseburger falls. […]

External link to Question : 31) The figure above shows the production possibilities frontier for : 1228163

Question : 31) The figure above shows the production possibilities frontier for : 1228163

    31) The figure above shows the production possibilities frontier for a country. A combination of 3 million gallons of milk and 3 million gallons of ice cream is A) unattainable. B) attainable and production efficient. C) attainable and production inefficient. D) unattainable and production efficient. E) More information is needed to determine if the point is attainable or not.   32) The figure […]

External link to Question : Figure 3-4 11) Refer to Figure 3-4.  If the price $20, A) : 1388151

Question : Figure 3-4 11) Refer to Figure 3-4.  If the price $20, A) : 1388151

  Figure 3-4     11) Refer to Figure 3-4.  If the price is $20, A) there would be a surplus of 600 units. B) there would be a shortage of 600 units. C) quantity demanded is zero. D) the market is in equilibrium.   Figure 3-5     12) Refer to Figure 3-5. At a price of $5, A) there would be a surplus […]

External link to Question : 111.YouhaveeatentwobowlsoficecreamatSundaeSchoolIceCreamstore.Youconsidereatingathird.Asarationalconsumeryoushouldmakeyourchoicebycomparing a.thebenefitsfromeatingallthreebowlsoficecreamtohowmuchthreebow : 1261335

Question : 111.YouhaveeatentwobowlsoficecreamatSundaeSchoolIceCreamstore.Youconsidereatingathird.Asarationalconsumeryoushouldmakeyourchoicebycomparing a.thebenefitsfromeatingallthreebowlsoficecreamtohowmuchthreebow : 1261335

  111.YouhaveeatentwobowlsoficecreamatSundaeSchoolIceCreamstore.Youconsidereatingathird.Asarationalconsumeryoushouldmakeyourchoicebycomparing a.thebenefitsfromeatingallthreebowlsoficecreamtohowmuchthreebowlsoficecreamcosts. b.thebenefitsfromeatingallthreebowlsoficecreamtohowmuchonemorebowloficecreamcosts. c.thebenefitsfromeatingonemorebowloficecreamtohowmuchthreebowlsoficecreamcosts. d.thebenefitsfromeatingonemorebowloficecreamtohowmuchonemorebowloficecreamcosts. 112.OliviawasacceptedbyNorthwesternandbyanotheruniversity.Sheistryingtodecidewheretogo.Whichofthefollowingshouldinfluenceherdecision? a.howmuchshespentapplyingtoNorthwestern,andthedifferencebetweenlivingexpensesatNorthwesternandtheotheruniversity b.howmuchshespentapplyingtoNorthwestern,butnotthedifferencebetweenlivingexpensesatNorthwesternandtheotheruniversity c.thedifferencebetweenlivingexpensesatNorthwesternandhersecondchoice,butnothowmuchshespentapplyingtoNorthwestern d.neitherhowmuchshespentapplyingtoNorthwesternnorthedifferencebetweenlivingexpensesatNorthwesternandhersecondchoice 113.Yougotothemovieplexwheremoviesordinarilycost$9.Youareintendingtoseeamovieforwhichyouhavea$3 off coupon good for only that movie at that time. However, when you get there you see a friend who asks if you would rather see a new release. Both movies start and end at the same time. If you decide to see the new release with your friend, what is your opportunity […]

External link to Question : 11) A change in the slope of a budget constraint : 1377345

Question : 11) A change in the slope of a budget constraint : 1377345

  11) A change in the slope of a budget constraint indicates: A) a change in the price of either good which causes a change in the opportunity cost. B) a change in the consumer’s income. C) a change in the price of either good without a change in the opportunity cost. D) a change in the consumer’s tastes and preferences.   12) Assume that […]

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