100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Samenvatting managerial economics new pro 2024 With $17.89   Add to cart
Quickly navigate to
Preview
  2.  
  3. 2023 AQA GCSE SPANISH 8698/RF Paper 3 Reading Foun
  4.  
  5. 2023 AQA GCSE SPANISH 8698/RF Paper 3 Reading Foun

Exam (elaborations)

Samenvatting managerial economics new pro 2024 With

1 review
 10 views  0 purchase
  • Course
  • 2023 AQA GCSE SPANISH 8698/RF Paper 3 Reading Foun
  • Institution
  • 2023 AQA GCSE SPANISH 8698/RF Paper 3 Reading Foun

Samenvatting managerial economics new pro 2024 With

Preview 4 out of 37  pages

Document information

  • June 6, 2024
  • 37
  • 2023/2024
  • Exam (elaborations)
  • Unknown

Subjects

  • samenvatting managerial economics new pro 2024 wit
  • samenvatting managerial economics new pro 2024 w
  • samenvatting managerial economics new pro 2024 wit

Written for

  • 2023 AQA GCSE SPANISH 8698/RF Paper 3 Reading Foun
  • 2023 AQA GCSE SPANISH 8698/RF Paper 3 Reading Foun

1  review

review-writer-avatar

By: docwayne5 • 5 months ago

Seller

avatar-seller
DRWAILS

Reviews received

Content preview

Samenvatting managerial economics new pro
2024 With correct questions and verified
answers!!!well updated




One Lesson of business
A is tracing the consequences of a policy
B promoting a policy
C moving assets from lower to higher value uses,
therby creating wealth
D none of the above - >>ANSWER>>Moving assets
from lower to higher value uses, thereby creating
wealth.


An individual's value for a good or service is the
A the amount of money he or she used to pay for
a good

,B the amount of money he or she is willing to pay
for it
C the amount of money he or she has to spend on
Goods
D none of the above - >>ANSWER>>The amount
of money he or she is willing to pay for it


A consumer values a car at 30,000$ and a
producer values the same car at 20,000$. The
transaction will not take place if a tax is imposed
A Equal to the seller surplus
B smaller than the total surplus
C larger than the total surplus
D Smaller than the buyer surplus -
>>ANSWER>>Larger than the total surplus


A Buyer values a house at 525,000 and a seller
calues that same house at 485,000$. If sales tax is
8% and is levied on the seller, then what would be
the lowest price that the seller would be willing to
sell at?

,A 527000$
B 523800$
C 525000$
D 500000$ - >>ANSWER>>523800


The difference between the maximum price the
consumer is willing to pay and the price the
consumer actually pays for a product is referred to
as
A market surplus
B market shortage
C consumer surplus
D producer surplus - >>ANSWER>>consumer
surplus


Total surplus or gains created from trade equal
A seller surplus
B buyer surplus
C the summation of seller and buyer surplus

, D profits earned by a firm - >>ANSWER>>the
summation of seller and buyer surplus


the difference between the minimum price the
producer is willing to accept and the price the
producer actually receives for a product is
referred to as
A market surplus
B Market shortage
C consumer surplus
D producer surplus - >>ANSWER>>Producer
surplus


Wealth is created when
A assets move from lower value use to higher
value use
B assets move from higher value use to lower
value use
C assets move from individuals who are willing to
pay less for them to individuals who are willing to
pay more

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller DRWAILS. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $17.89. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

72042 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$17.89
  • (1)
  Add to cart