Upward sloping - Study guides, Class notes & Summaries

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 economies are associated with larger levels of output. D) the expansion of production necessitates the use of qualitatively inferior inputs. - Answer- A) beyond some point the production costs of additional...

If, when a firm doubles all its inputs, its average cost of production decreases, then production displays A) diminishing returns. B) economies of scale. C) diseconomies of scale. D) declining fixed costs. correct answers B) economies of scale. The long-run average cost curve shows A) the lowest average cost of producing every level of output in the long run. B) where the most profitable level of output occurs. C) the average cost of producing where diminishing returns are not present....

A map is defined as a graphic representation of a portion of the Earth's surface drawn to scale, as seen from above. It uses colors, symbols, and labels to represent features found on the ground. -The ideal representation would be realized if every feature of the area being mapped could be shown in true shape. -The purpose of a map is to provide information on the existence, location, and distance between ground features, such as populated places and routes of travel and communication. I...

The XYZ Corporation's income statement contains the following information: Total revenue $200,000 Cost of goods sold $60,000 Administrative expenses $30,000 Depreciation $10,000 Miscellaneous expenses $3,000 Taxes paid $5,000 Based on this information, what is XYZ's gross profit? A. $140,000 B. $100,000 C. $97,000 D. $110,000 correct answers $140k An investor purchased 300 shares of Amalgamated Auto Parts (AAP) at a price of $60 per share. Shortly after the purchase, with t...

ECS1500 Assignment 1 Semester 2 2023 (ANSWERS) Question 1 Incorrect Mark 0.00 out of 2.00 Flag question Question text The service of an information technology specialist will form part of the production factor, capital. Select one: a. True b. False Feedback Your answer is incorrect. The service of an information technology specialist will form part of the production factor, labour. This entails the use of the abilities and talents of a person who will be paid a wage or salary...

NURS 6551 Pediatrics Final Exam Questions and Answers - Latest 2023/2024 | Graded. A 6-year-old boy is left alone for 10 hours, now with hematemesis and pneumomediastinum on chest x-ray. Which of the following is the most likely etiology? Selected Answer: a. Insecticide ingestion  Question 11 1 out of 1 points In mild to moderate attacks of acute asthma, Albuterol should be given every 4-6 hours prn and routine medication should be Selected Answer: c. Continued as usual  Qu...

If, when a firm doubles all its inputs, its average cost of production decreases, then production displays a.) diminishing returns b.) economies of scale c.) diseconomies of scale d.) declining fixed costs correct answers b. ) economies of scale The long-run average cost curve shows A) the lowest average cost of producing every level of output in the long run. B) where the most profitable level of output occurs. C) the average cost of producing where diminishing returns are not prese...

Exam 2 Questions & Answers FINC514. Chapter 6 - CORRECT ANSWER Chapter 6 Which tend to be more volatile, short- or long-term interest rates? - CORRECT ANSWER Short-term interest rates If the inflation rate was 3.00% and the nominal interest rate was 4.60% over the last year, what was the real rate of interest over the last year? Disregard cross-product terms; that is, if averaging is required, use the arithmetic average. - CORRECT ANSWER The nominal interest rate consists of the real ...

CFIN EXAM 2 QUESTIONS AND CORRECT ANSWERS (GRADED A+) If the yield curve is downward sloping, what is the yield to maturity on a 10 year Treasury coupon bond, relative to that on a 1-year T-bond? - Answer- The yield on the 10-year is less than the yield on a 1-year bond If the expectations of the term structure of interest rates is correct and if the other term structure theories are somewhat invalid, and we observe a downward sloping yield curve , which of the following is a true statemen...

Variance vs Covariance vs Correlation correct answers The variance refers to the spread of the data set — how far apart the numbers are in relation to the mean, for instance. Var(x) =Sum of squared errors (deviations) / Total number of observations Covariance is a measure of how changes in one variable are associated with changes in a second variable. Specifically, covariance measures the degree to which two variables are linearly associated. You only care about positive or negative cov...