Econmics - Samenvattingen, Notities en Examens

Taxes create deadweight losses because they correct answers distort incentives The efficient scale of the firm is the quantity of output that correct answers minimizes average total cost Which of the following is not an example of the principle that can make everyone better off A. Americans buy tube socks from chine B. A homeowner hires the kid next door to mow the lawn C. Residents of Maine Drink orange juice from flordia D. All of the above are examples of the principles that trade c...

All Econ Study Guide Test. Which of these statements accurately describes econmics? - CORRECT ANSWER A. Economics is the study of how goods and services are made and sold. B.The principle of scarcity is a driving force of economic decisions. D.Producers and consumers interact to influence the economy. Individuals who make and sell goods and services are - CORRECT ANSWER Producers Individuals who buy goods and services are - CORRECT ANSWER consumers The idea that resources are __...

ECO 351 FINAL EXAM MICRO ECONMICS 2021 QUUESTIONS WITH ANSWERS

ECO 351 FINAL EXAM MICRO ECONMICS 2021 QUUESTIONS WITH ANSWERS

economics is the study of what? correct answers Scarcity what are the 4 components of economics? correct answers land, labor, capitol, entrep. skill land and natural resources are equivalent to what? is this infinite correct answers supply, no it is finite skill to innovate profit maxing situations and scenarios correct answers entreprenurial 18th century moral philosopher who was "father of economics" correct answers Adam Smith what was Adam Smith's concept in his greatest wor...

economics is the study of what? correct answers Scarcity what are the 4 components of economics? correct answers land, labor, capitol, entrep. skill land and natural resources are equivalent to what? is this infinite correct answers supply, no it is finite skill to innovate profit maxing situations and scenarios correct answers entreprenurial 18th century moral philosopher who was "father of economics" correct answers Adam Smith what was Adam Smith's concept in his greatest wor...

FINAL_EXAM_MICROECONMICS_2021_DEC.

economics is the study of what? correct answers Scarcity what are the 4 components of economics? correct answers land, labor, capitol, entrep. skill land and natural resources are equivalent to what? is this infinite correct answers supply, no it is finite skill to innovate profit maxing situations and scenarios correct answers entreprenurial 18th century moral philosopher who was "father of economics" correct answers Adam Smith what was Adam Smith's concept in his greatest wor...

ECON 351>FINAL EXAM MICROECONMICS 2021(Graded A Plus)/ECON 351>FINAL EXAM MICROECONMICS 2021(Graded A Plus)

Summary of the course international corporate finance based on the courses and slides thought by Prof. dr. James Thewissen. With this sumary I eventually got the grade 20/20.