Ecn601 topic 4 exam - Study guides, Class notes & Summaries
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ECN 601 Topic 4 Exam 1 (Multiple Choice)
- Exam (elaborations) • 17 pages • 2023
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1.	Question:Theopportunity cost ofanactionis: 
2.	Question:Priceceilingscause: 
3.	Question:Acompanyinvested$400,000inatechnologythatreducedtheoverallcostsof production by reducing their cost per unit from $2 to $1.85. Later, amanagerhasanopportunitytooutsourceproductiontoanothercompanyatacostperunitof$1.75.Ifyouare themanager,you: 
4.	Question:Anincreaseinthepriceofacomplementshiftsthedemandcurvetothe: 
5.	Question:Afirmsells1,000unitsperweek.Itcharges$15perunit,theaveragevariablecostsare$10,an...
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ECN 601 Topic 4 Exam 1 (Multiple Choice)
- Exam (elaborations) • 17 pages • 2023
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- $29.99
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1.	Question:Theopportunity cost ofanactionis: 
2.	Question:Priceceilingscause: 
3.	Question:Acompanyinvested$400,000inatechnologythatreducedtheoverallcostsof production by reducing their cost per unit from $2 to $1.85. Later, amanagerhasanopportunitytooutsourceproductiontoanothercompanyatacostperunitof$1.75.Ifyouare themanager,you: 
4.	Question:Anincreaseinthepriceofacomplementshiftsthedemandcurvetothe: 
5.	Question:Afirmsells1,000unitsperweek.Itcharges$15perunit,theaveragevariablecostsare$10,an...
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ECN 601 Topic 4 Exam 1 (Multiple Choice) Grand Canyon
- Exam (elaborations) • 17 pages • 2023
- Available in package deal
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- $39.99
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1.	Question:Theopportunity cost ofanactionis: 
2.	Question:Priceceilingscause: 
3.	Question:Acompanyinvested$400,000inatechnologythatreducedtheoverallcostsof production by reducing their cost per unit from $2 to $1.85. Later, amanagerhasanopportunitytooutsourceproductiontoanothercompanyatacostperunitof$1.75.Ifyouare themanager,you: 
4.	Question:Anincreaseinthepriceofacomplementshiftsthedemandcurvetothe: 
5.	Question:Afirmsells1,000unitsperweek.Itcharges$15perunit,theaveragevariablecostsare$10,an...
-
ECN 601 Topic 4 Exam 1 (Multiple Choice)
- Exam (elaborations) • 17 pages • 2023
-
- $14.49
- + learn more
1.	Question:Theopportunity cost ofanactionis: 
2.	Question:Priceceilingscause: 
3.	Question:Acompanyinvested$400,000inatechnologythatreducedtheoverallcostsof production by reducing their cost per unit from $2 to $1.85. Later, amanagerhasanopportunitytooutsourceproductiontoanothercompanyatacostperunitof$1.75.Ifyouare themanager,you: 
4.	Question:Anincreaseinthepriceofacomplementshiftsthedemandcurvetothe: 
5.	Question:Afirmsells1,000unitsperweek.Itcharges$15perunit,theaveragevariablecostsare$10,an...
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