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ECON 151 Quizzes questions and answers Rated A
ECON 151 Quizzes questions and answers Rated A 
The price of cotton rises. What happens in the market for cotton shirts? 
A. The equilibrium price falls and the equilibrium quantity rises. 
B. The equilibrium price rises and the equilibrium quantity falls. 
C. The equilibrium price and quantity rise. 
D. The equilibrium price and quantity fall. - answersB 
 
Scarcity is defined as? 
A. The reward or penalty that encourages or discourages an action 
B. A previously incurred and irreversible cost ...
- Exam (elaborations)
- • 18 pages •
ECON 151 Quizzes questions and answers Rated A 
The price of cotton rises. What happens in the market for cotton shirts? 
A. The equilibrium price falls and the equilibrium quantity rises. 
B. The equilibrium price rises and the equilibrium quantity falls. 
C. The equilibrium price and quantity rise. 
D. The equilibrium price and quantity fall. - answersB 
 
Scarcity is defined as? 
A. The reward or penalty that encourages or discourages an action 
B. A previously incurred and irreversible cost ...
ECO 150 Final Exam Review questions with accurate answers
ECO 150 Final Exam Review questions with accurate answers 
Organ donation rates are usually higher in countries with _____ system/s - answers"Opt-out" 
 
Current federal minimum wage is - answers$7.25/hour 
 
If goods A and B are considered substitutes, decrease in the price of A would cause - answersthe demand curve for B to the left 
 
In FDA's drug approval process , Type II error is referred to as - answersA patient suffered/died because the drug was not available 
 
The fact that a...
- Exam (elaborations)
- • 2 pages •
ECO 150 Final Exam Review questions with accurate answers 
Organ donation rates are usually higher in countries with _____ system/s - answers"Opt-out" 
 
Current federal minimum wage is - answers$7.25/hour 
 
If goods A and B are considered substitutes, decrease in the price of A would cause - answersthe demand curve for B to the left 
 
In FDA's drug approval process , Type II error is referred to as - answersA patient suffered/died because the drug was not available 
 
The fact that a...
ECS 150 Midterm 1 Review questions and answers Graded A
ECS 150 Midterm 1 Review questions and answers Graded A 
 
What is an Operating System? - answersThe layer of software that manages a computer's resources for its users and their applications. 
 
Processor (CPU) - answersexecutes instructions 
 
Memory - answersholds addressable bytes 
 
I/O Devices - answersprovides extra features and connectivity, Configured and accessed via device registers 
 
What are interconnects? - answerstransfers data between components 
 
What are the hardware compo...
- Exam (elaborations)
- • 5 pages •
ECS 150 Midterm 1 Review questions and answers Graded A 
 
What is an Operating System? - answersThe layer of software that manages a computer's resources for its users and their applications. 
 
Processor (CPU) - answersexecutes instructions 
 
Memory - answersholds addressable bytes 
 
I/O Devices - answersprovides extra features and connectivity, Configured and accessed via device registers 
 
What are interconnects? - answerstransfers data between components 
 
What are the hardware compo...
ECON Assignment 1 questions with verified answers
ECON Assignment 1 questions with verified answers 
 
All individuals, even Bill Gates, must select among alternative goods because of - answersscarcity 
 
The central problem all individuals face is - answersscarcity of resources 
 
Economics is the study of - answershow individuals and nations deal with the problem of scarcity 
 
Fill in the blank: Economics is the study of ________ and its ________. - answerschoice; unintended consequences 
 
A resource is something that - answersis used to pr...
- Exam (elaborations)
- • 2 pages •
ECON Assignment 1 questions with verified answers 
 
All individuals, even Bill Gates, must select among alternative goods because of - answersscarcity 
 
The central problem all individuals face is - answersscarcity of resources 
 
Economics is the study of - answershow individuals and nations deal with the problem of scarcity 
 
Fill in the blank: Economics is the study of ________ and its ________. - answerschoice; unintended consequences 
 
A resource is something that - answersis used to pr...
ESC 1500 Chapters 1- 5 questions with solutions.
ESC 1500 Chapters 1- 5 questions with solutions. 
Clean Water Act of 1972 - answersEstablished the basic structure for regulating pollutant discharges into U.S. waterways 
 
7.6 billion - answersWhat is Earth's human population as of 2018? 
 
Famine, Disease, War, Lack of Resources, Economy, and Harmful Resources - answersWhat are some factors that affect population? 
 
J Curve - answersA growth curve that depicts exponential growth; the larger the population gets, the faster it grows 
 
S Cu...
- Exam (elaborations)
- • 21 pages •
ESC 1500 Chapters 1- 5 questions with solutions. 
Clean Water Act of 1972 - answersEstablished the basic structure for regulating pollutant discharges into U.S. waterways 
 
7.6 billion - answersWhat is Earth's human population as of 2018? 
 
Famine, Disease, War, Lack of Resources, Economy, and Harmful Resources - answersWhat are some factors that affect population? 
 
J Curve - answersA growth curve that depicts exponential growth; the larger the population gets, the faster it grows 
 
S Cu...
ECON 150C1 An Economics Perspective FINAL EXAM Revised The a
ECON 150C1 An Economics Perspective FINAL EXAM Revised The a 
 
Allocation - answershow limited resources are gathered to satisfy unlimited human wants/needs 
 
Distribution - answersThe way the total wealth is distributed among people and companies 
 
Prices convey what information about value without having to do any calculations? - answers1. Tells how much you value something by how much you're willing to spend on the product 
2. Tells the maximum amount of input needed to make something ...
- Exam (elaborations)
- • 8 pages •
ECON 150C1 An Economics Perspective FINAL EXAM Revised The a 
 
Allocation - answershow limited resources are gathered to satisfy unlimited human wants/needs 
 
Distribution - answersThe way the total wealth is distributed among people and companies 
 
Prices convey what information about value without having to do any calculations? - answers1. Tells how much you value something by how much you're willing to spend on the product 
2. Tells the maximum amount of input needed to make something ...
SLS 1501 FINAL EXAM with solved questions
SLS 1501 FINAL EXAM with solved questions 
What is the first need included within Maslow's hierarchy of needs 
psychological needs 
 
 
 
According to Bercher (2012) what are the two main types of feedback that can be used to monitor progress 
Cognitive and outcome 
 
 
 
 
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Research conducted by dietz-uhler and lanter (2009) found that completing what types of questions...
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- • 3 pages •
SLS 1501 FINAL EXAM with solved questions 
What is the first need included within Maslow's hierarchy of needs 
psychological needs 
 
 
 
According to Bercher (2012) what are the two main types of feedback that can be used to monitor progress 
Cognitive and outcome 
 
 
 
 
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Research conducted by dietz-uhler and lanter (2009) found that completing what types of questions...
ECON 150 Final Exam questions and answers
ECON 150 Final Exam questions and answers 
Economics - answers-The science of scarcity, and the study of choices. 
-Social science concerned with the efficient use of limited resources to achieve maximum satisfaction of economic wants. 
 
Scarcity - answersThe condition in which our wants are greater than our limited resources. You must choose how you use your resources. 
 
Microeconomics - answersStudy of small economic units such as individuals, firms, and industries (competitive markets, labo...
- Exam (elaborations)
- • 3 pages •
ECON 150 Final Exam questions and answers 
Economics - answers-The science of scarcity, and the study of choices. 
-Social science concerned with the efficient use of limited resources to achieve maximum satisfaction of economic wants. 
 
Scarcity - answersThe condition in which our wants are greater than our limited resources. You must choose how you use your resources. 
 
Microeconomics - answersStudy of small economic units such as individuals, firms, and industries (competitive markets, labo...
ECON 1501 Test 2 questions and answers Rated A
ECON 1501 Test 2 questions and answers Rated A 
Price Elasticity of Demand 
the responsiveness of quantity demanded to a change in price. 
 
 
 
Price Elasticity of Supply 
the responsiveness of quantity supplied to a change in price 
 
 
 
 
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Income Elasticity of Demand 
the responsiveness of quantity demanded to a change in income 
 
 
 
Cross-Price Elasticity of Demand 
...
- Exam (elaborations)
- • 5 pages •
ECON 1501 Test 2 questions and answers Rated A 
Price Elasticity of Demand 
the responsiveness of quantity demanded to a change in price. 
 
 
 
Price Elasticity of Supply 
the responsiveness of quantity supplied to a change in price 
 
 
 
 
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Income Elasticity of Demand 
the responsiveness of quantity demanded to a change in income 
 
 
 
Cross-Price Elasticity of Demand 
...
1501questions with solutions
1501questions with solutions 
the subordination is a measure of ______ complexity 
syntactic 
 
 
 
the subordination index is a ratio of _____ 
total number of clauses / total number of c-units 
 
 
 
 
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a clause is defined as 
containing both a subject and a predicate 
 
 
 
you can compare SI scores in a SALT transcript to those in the SALT reference databases 
true 
 
 ...
- Exam (elaborations)
- • 1 pages •
1501questions with solutions 
the subordination is a measure of ______ complexity 
syntactic 
 
 
 
the subordination index is a ratio of _____ 
total number of clauses / total number of c-units 
 
 
 
 
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Next 
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a clause is defined as 
containing both a subject and a predicate 
 
 
 
you can compare SI scores in a SALT transcript to those in the SALT reference databases 
true 
 
 ...