40) Anna owns a dog grooming salon in Brunswick, Georgia. The above table has Anna’s total product schedule. Anna pays each worker $300 per week and she pays rent of $600 a week for her salon. These are her only costs. When Anna has a staff of 2 workers, her total cost equals A) $1,200. B) $300. C) $10.00. D) $12.00. […]
31) The figure above shows a ________ where ________ firm(s) produce(s) ________. A) natural oligopoly; 3; 30 units each B) natural duopoly; 2; 45 units each C) natural monopoly; 2; 90 units D) monopoly; 1; 90 units E) natural monopoly; 3; 90 units each 32) The figure above shows that ________ occurs at ________ units and that ________ firms should share […]
21) Refer to Figure 14.7. Which combinations of events could move the economy from Point A to Point B, and then from Point B to Point E? A) a contractionary monetary policy followed by a leftward shift in the AS curve B) a contractionary monetary policy followed by a rightward shift in the AS curve C) an expansionary fiscal policy followed by a leftward […]
106. Cleaners, Inc. is considering purchasing equipment costing $60,000 with a 6-year useful life. The equipment will provide cost savings of $14,600 and will be depreciated straight-line over its useful life with no salvage value. Cleaners requires a 10% rate of return. Present Value of an Annuity of 1 Period 8% 9% 10% 11% 12% 15% 64.6234.4864.3554.2314.1113.784 What is the approximate net […]
51) Refer to Figure 4-2. Demand is inelastic A) over the entire demand curve in diagram 1. B) over the entire demand curve in diagram 3. C) over section (a) of the demand curve in diagram 1. D) over section (b) of the demand curve in diagram 1. E) at the midpoint between sections (a) and (b) of the demand curve in diagram 1. […]
31) The above figure shows the U.S. market for flip-flops. With international trade, U.S. consumers buy ________ flip-flops and U.S. producers produce ________ flip-flops. A) 500,000; 500,000 B) 300,000; 700,000 C) 500,000; 300,000 D) 700,000; 300,000 E) 700,000; 500,000 32) The above figure shows the U.S. market for flip-flops. With no international trade, the price in the United States for flip-flops is ________. With […]
11) In the U.S., banks A) cannot be forced to sell assets that the bank examiner deems too risky. B) can be forced to sell assets that the bank examiner deems too risky. C) can be forced to sell assets that the bank examiner deems too risky only after a court order. D) can be forced to sell assets that the bank examiner […]
21) Which of the following correctly describes a final good? i.A final good is bought by its final consumer. ii.A final good can be used by a firm as a component of another good or service. iii.Investment goods cannot be a final good. A) i only B) i and ii C) i, ii and iii D) i and iii E) ii and iii 22) […]
11.5 Graphing Cost Curves 1) Which of the following equations is correct? A) AVC – ATC = AFC B) AVC + ATC = AFC C) AFC + AVC = ATC D) ATC + AVC = AFC 2) When the average total cost is $16 and the total cost is $800, then the number of units the firm is producing is A) […]
1.4 The Second Principle of Economics: Equilibrium 1) Which of the following statements is true of equilibrium? A) Economic agents have an incentive to divert from equilibrium. B) Each economic agent can reach equilibrium irrespective of the actions of others. C) In equilibrium, the opportunity cost of the choices made by each economic agent is zero. D) In equilibrium, all economic agents are choosing […]
61. Which of the following statements regarding intermolecular forces is incorrect?
A)Hydrogen bonding is the strongest of the intermolecular forces.
B)London dispersion forces increase with increasing molecular size.
C)Dipole-dipole forces are present in all atoms and molecules.
D)In order for a pure substance to participate in hydrogen bonding, it must have hydrogen bonded to F, O, or N.
E)Intermolecular forces are much weaker than bonding forces.
62. Which of the following statements regarding intermolecular forces is incorrect?
A)Hydrogen bonding is the strongest of the intermolecular forces for substances of similar molar mass.
B)London dispersion forces are present in all atoms and molecules.
C)Dipole-dipole forces increase with increasing molecular size.
D)Bonding forces are much stronger than intermolecular forces.
E)Hydrogen bonding is the reason for the abnormally high boiling point of water.
63. Which choice correctly lists the intermolecular forces present in CH3NH2?
A)London forces only
B)dipole-dipole forces only
C)London forces, dipole-dipole forces, and hydrogen bonding
D)dipole-dipole forces and hydrogen bonding
E)hydrogen bonding only
64. Which choice correctly lists the intermolecular forces present in CH4?
A)London forces only
B)London forces and dipole-dipole forces
C)London forces, dipole-dipole forces, and hydrogen bonding
D)dipole-dipole forces and hydrogen bonding
E)London forces and hydrogen bonding
65. Which choice correctly lists the intermolecular forces present in CH3Br?
A)London forces only
B)London forces and dipole-dipole forces
C)London forces, dipole-dipole forces, and hydrogen bonding
D)dipole-dipole forces and hydrogen bonding
E)London forces and hydrogen bonding
66. Arrange the following substances in order of increasing boiling point: CH3OH, CH4, CH3CH2OH, HOCH2CH2OH
A)CH3OH < CH4 < CH3CH2OH < HOCH2CH2OH B)CH4 < CH3OH < CH3CH2OH < HOCH2CH2OH C)CH4 < CH3OH < HOCH2CH2OH < CH3CH2OH D)CH3OH < CH4 < HOCH2CH2OH < CH3CH2OH E)HOCH2CH2OH < CH3CH2OH < CH3OH < CH4 67. Arrange the following substances in order of increasing boiling point: N2, H2, NH3, PH3 A)H2 < N2 < PH3 < NH3D)N2 < PH3 < NH3 < H2 B)N2 < H2 < PH3 < NH3E)NH3 < PH3 < N2 < H2 C)H2 < N2 < NH3 < PH3 68. Select the pair of substances which has the one with the higher equilibrium vapor pressure at a given temperature listed first. A)H2O, H2SD)NH3, PH3 B)CH3CH2OH, CH3OHE)Br2, Cl2 C)CH3COCH3, CH3CH2CH2OH 69. Select the pair of substances which has the one with the higher equilibrium vapor pressure at a given temperature listed first. A)H2O, HClD)AsH3, PH3 B)CH3OH, CH4E)Cl2, Br2 C)CH3CH2CH2OH, CH3COCH3 70. Which of the following statements regarding the liquid state is incorrect? A)Liquids are about 1000 times denser than gases. B)Liquids are normally about 90-95% as dense as their corresponding solid. C)The viscosity of a liquid is a measure of its resistance to flow. D)Molecules with high intermolecular forces will have high surface tension. E)Surface tension increases as temperature increases.
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