ECN 104 EXAM QUESTIONS AND CORRECT ANSWERS ALREADY PASSED 2 Exam (elaborations) ECN 104 Midterm Exam 2024 with Complete Solutions 3 Exam (elaborations) ECN 104 EXAM QUESTIONS AND ANSWERS ALL CORRECT NEW UPDATE 4 Exam (elaborations) ECN 104 QUIZ 2 QUESTIONS WITH 100% CORRECT ANSWERS 2024 LATEST U...
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ECN 104 EXAM QUESTIONS AND CORRECT ANSWERS ALREADY PASSED A firm's supply curve is upward sloping because: A) beyond some point the production costs of additional units of output will rise. B) consumers envision a positive relationship between price and quality. C) mass production economi...
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Add to cartECN 104 EXAM QUESTIONS AND CORRECT ANSWERS ALREADY PASSED A firm's supply curve is upward sloping because: A) beyond some point the production costs of additional units of output will rise. B) consumers envision a positive relationship between price and quality. C) mass production economi...
ECN 104 Midterm Exam 2024 with Complete Solutions Rationing function of prices - Answer- The ability of competitive forces of supply and demand to establish a price at which selling and buying are consistent. Productive Efficiency - Answer- Producing the right amount of goods, and the lowest cos...
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Add to cartECN 104 Midterm Exam 2024 with Complete Solutions Rationing function of prices - Answer- The ability of competitive forces of supply and demand to establish a price at which selling and buying are consistent. Productive Efficiency - Answer- Producing the right amount of goods, and the lowest cos...
ECN 104 EXAM QUESTIONS AND ANSWERS ALL CORRECT NEW UPDATE Deciding whether to invest - Answer- 1. Revenues 2. Expenses 3. Depreciation 4. Net Income 5. Operating Cash Flow 6. Total change in NWC 7. Capital spending 8. Net cash flow 9. NPV Arbitrage - Answer- Investors exploiting price d...
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Add to cartECN 104 EXAM QUESTIONS AND ANSWERS ALL CORRECT NEW UPDATE Deciding whether to invest - Answer- 1. Revenues 2. Expenses 3. Depreciation 4. Net Income 5. Operating Cash Flow 6. Total change in NWC 7. Capital spending 8. Net cash flow 9. NPV Arbitrage - Answer- Investors exploiting price d...
ECN 104 Microeconomics Final Test Questions and Correct Answers 100% Guaranteed Pass Perfect Competition Characteristics - Answer- - very large # of sellers - standardized product - "price takers" - perfectly elastic demand - demand graphs as horizontal line Monopoly Characteristi...
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Add to cartECN 104 Microeconomics Final Test Questions and Correct Answers 100% Guaranteed Pass Perfect Competition Characteristics - Answer- - very large # of sellers - standardized product - "price takers" - perfectly elastic demand - demand graphs as horizontal line Monopoly Characteristi...
ECN 104 QUIZ 2 QUESTIONS WITH 100% CORRECT ANSWERS 2024 LATEST UPDATE How has productivity growth changed? - Answer- 1. Technological advance 2. Capital each worker has to work with 3. Education and training 4. Economies of scale 5. Resource allocation Technological advance - Answer- Discov...
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Add to cartECN 104 QUIZ 2 QUESTIONS WITH 100% CORRECT ANSWERS 2024 LATEST UPDATE How has productivity growth changed? - Answer- 1. Technological advance 2. Capital each worker has to work with 3. Education and training 4. Economies of scale 5. Resource allocation Technological advance - Answer- Discov...
ECN 104 Chapter 7 Test Questions and Answers All Correct When ___________ are paying tax it affects supply - Answer- sellers When ________ are paying tax it affects demand - Answer- buyers Tax Incidence - Answer- measure of who really bears the tax burden Principles of taxation - Answer- ...
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Add to cartECN 104 Chapter 7 Test Questions and Answers All Correct When ___________ are paying tax it affects supply - Answer- sellers When ________ are paying tax it affects demand - Answer- buyers Tax Incidence - Answer- measure of who really bears the tax burden Principles of taxation - Answer- ...
ECN 104 Chapter 13 Test Questions and Answers 100% Correct 2 types of price regulation - Answer- 1. avg cost pricing ( P = ATC ) 2. Marginal cost pricing ( P = MC) Price discrimination - Answer- charging different prices for same good in order to increase profits. single price monopolist ...
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Add to cartECN 104 Chapter 13 Test Questions and Answers 100% Correct 2 types of price regulation - Answer- 1. avg cost pricing ( P = ATC ) 2. Marginal cost pricing ( P = MC) Price discrimination - Answer- charging different prices for same good in order to increase profits. single price monopolist ...
ECN 104 Mid Term Exam Questions with 100% Correct Answers As your hourly wage rises, your A) marginal opportunity cost of attending school increases. B) value of your best alternative decreases. C) marginal opportunity cost of attending school decreases. D) marginal benefit of attending school...
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Add to cartECN 104 Mid Term Exam Questions with 100% Correct Answers As your hourly wage rises, your A) marginal opportunity cost of attending school increases. B) value of your best alternative decreases. C) marginal opportunity cost of attending school decreases. D) marginal benefit of attending school...
ECN 104 Final Notes with Complete Solutions 2024/2025 Latest Update When does a excise tax fall mainly on producers? - Answer- when the price elasticity of demand is higher than elasticity of supply When does a excise tax fall mainly on consumers? - Answer- when the price elasticity of supply i...
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Add to cartECN 104 Final Notes with Complete Solutions 2024/2025 Latest Update When does a excise tax fall mainly on producers? - Answer- when the price elasticity of demand is higher than elasticity of supply When does a excise tax fall mainly on consumers? - Answer- when the price elasticity of supply i...
ECN 104 TEST QUESTIONS WITH ALL CORRECT ANSWERS Why will an existing demand curve shift towards the right - Answer- because the quantity demanded for the good is larger so it curves towards the right (more buyers) why will an existing demand curve shift towards the left - Answer- the quantity d...
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Add to cartECN 104 TEST QUESTIONS WITH ALL CORRECT ANSWERS Why will an existing demand curve shift towards the right - Answer- because the quantity demanded for the good is larger so it curves towards the right (more buyers) why will an existing demand curve shift towards the left - Answer- the quantity d...
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