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Price Category Question Date Added
$1.00 Marketing A market is competitive if Apr 27, 2012 at 9:01:25 pm
$1.00 Marketing When a firm has little ability to influence market prices it is said to be in what kind of a market? Apr 27, 2012 at 9:02:31 pm
$1.00 Marketing In a competitive market, the actions of any single buyer or seller will Apr 27, 2012 at 9:03:52 pm
$1.00 Marketing The price and quantity relationship in the table is most likely that faced by a firm in a Apr 27, 2012 at 9:04:42 pm
$10.00 Business Discuss why Joe’s employees need to understand the importance of how people form perceptions and make attributions Apr 27, 2012 at 9:04:47 pm
$1.00 Marketing Over which range of output is average revenue equal to price? Apr 27, 2012 at 9:05:09 pm
$1.00 Marketing Over what range of output is marginal revenue declining? Apr 27, 2012 at 9:05:40 pm
$1.00 Marketing If the firm doubles its output from 3 to 6 units, total revenue will Apr 27, 2012 at 9:06:08 pm
$1.00 Marketing For a firm in a perfectly competitive market, the price of the good is always Apr 27, 2012 at 9:06:39 pm
$1.00 Marketing If a firm in a perfectly competitive market triples the number of units of output sold, then total revenue will Apr 27, 2012 at 9:07:06 pm
$1.00 Marketing Because the goods offered for sale in a competitive market are largely the same, Apr 27, 2012 at 9:07:31 pm
$1.00 Marketing Which of the following is NOT a characteristic of a perfectly competitive market? Apr 27, 2012 at 9:07:52 pm
$1.00 Marketing When buyers in a competitive market take the selling price as given, they are said to be Apr 27, 2012 at 9:08:18 pm
$10.00 Business Argue for the use of Consensual Relationship Agreements (CRAs) in your current (or future) workplace Apr 27, 2012 at 9:08:21 pm
$1.00 Marketing When firms are said to be price takers, it implies that if a firm raises its price, Apr 27, 2012 at 9:08:43 pm
$1.00 Marketing Which of the following statements best reflects a price-taking firm? Apr 27, 2012 at 9:09:02 pm
$1.00 Marketing In a competitive market, no single producer can influence the market price because Apr 27, 2012 at 9:09:49 pm
$5.00 Economics A selfless person approaches Jones and Smith with a $100 bill and offers to sell it Apr 27, 2012 at 9:10:15 pm
$1.00 Marketing A competitive firm might choose to set its price below the market price, because Apr 27, 2012 at 9:10:15 pm
$1.00 Marketing Of the following characteristics of competitive markets, which are necessary for firms to be price takers? Apr 27, 2012 at 9:10:45 pm
$1.00 Marketing When a firm in a competitive market produces 10 units of output, it has a marginal revenue of $8.00. What would be the Apr 27, 2012 at 9:11:07 pm
$1.00 Marketing When a firm in a competitive market receives $500 in total revenue, it has a marginal revenue of $10. What is the averag Apr 27, 2012 at 9:11:35 pm
$1.00 Marketing Starting from a situation in which a firm in a competitive market produces and sells 500 door knobs for a price of $10 p Apr 27, 2012 at 9:11:57 pm
$1.00 Marketing Whenever a perfectly competitive firm chooses to change its level of output, holding the price of the product constant, Apr 27, 2012 at 9:12:19 pm
$1.00 Marketing If a firm in a competitive market reduces its output by 20 percent, then as a result the price of its output is likely t Apr 27, 2012 at 9:12:40 pm
$20.00 Business Market Model Patterns of Change Apr 27, 2012 at 9:12:55 pm
$1.00 Marketing Changes in the output of a perfectly competitive firm, without any change in the price of the product, will change the f Apr 27, 2012 at 9:13:00 pm
$1.00 Marketing When a profit-maximizing firm in a competitive market has zero economic profit, accounting profit Apr 27, 2012 at 9:13:30 pm
$10.00 Business Analyze the Civil Rights Act of 1964 to determine which part of the act is the most difficult to enforce. Apr 27, 2012 at 9:17:11 pm
$1.00 Marketing As a general rule, when accountants calculate profit they account for explicit costs but usually ignore Apr 27, 2012 at 9:17:55 pm
$1.00 Marketing In calculating accounting profit, accountants typically don’t include Apr 27, 2012 at 9:19:09 pm
$1.50 Marketing At the end of the first year of operating her new business, Mary’s accountant reported an accounting profit of $150,000. Apr 27, 2012 at 9:20:02 pm
$1.50 Marketing What are Mary’s opportunity costs of operating her new business? Apr 27, 2012 at 9:20:47 pm
$1.00 Marketing How large would Mary’s accounting profits need to be to allow her to attain zero economic profit? Apr 27, 2012 at 9:21:05 pm
$5.00 Business Determine the appropriate balance between unfettered free speech and the duties of public employees. Provide specific ex Apr 27, 2012 at 9:21:15 pm
$1.00 Marketing The Wheeler Wheat Farm sells wheat to a grain broker in Seattle, Washington. Since the market for wheat is generally con Apr 27, 2012 at 9:21:26 pm
$1.00 Marketing In a competitive market, Apr 27, 2012 at 9:21:47 pm
$1.00 Marketing In a competitive market, Apr 27, 2012 at 9:22:13 pm
$1.00 Marketing If ABC Company sells its product in a competitive market, then Apr 27, 2012 at 9:22:36 pm
$1.00 Marketing Which of the following expressions is correct for a competitive firm? Apr 27, 2012 at 9:22:57 pm
$1.00 Marketing For a competitive firm, Apr 27, 2012 at 9:23:16 pm
$1.00 Marketing For a competitive firm, Apr 27, 2012 at 9:24:08 pm
$1.00 Marketing If a competitive firm is (i) selling 1,000 units of its product at a price of $9 per unit and (ii) earning a positive pr Apr 27, 2012 at 9:24:29 pm
$1.00 Marketing When a competitive firm triples the amount of output it sells, Apr 27, 2012 at 9:24:45 pm
$1.00 Marketing Total profit for a firm is calculated by Apr 27, 2012 at 9:25:04 pm
$1.50 Marketing At a production level of 4 units which of the following is true? Apr 27, 2012 at 9:26:18 pm
$1.50 Marketing At which quantity of output is marginal revenue equal to marginal cost? Apr 27, 2012 at 9:27:03 pm
$1.50 Marketing If this firm chooses to maximize profit it will choose a level of output where marginal cost is equal to Apr 27, 2012 at 9:27:38 pm
$1.50 Marketing The maximum profit available to this firm is Apr 27, 2012 at 9:28:13 pm
$1.50 Marketing If the firm finds that its marginal cost is $11, it should Apr 27, 2012 at 9:28:46 pm
$1.50 Marketing If the firm finds that its marginal cost is $5, it should Apr 27, 2012 at 9:29:23 pm
$10.00 Business Should the role of the SEC include reviewing the merits of a registered offering of securities? Apr 27, 2012 at 9:29:25 pm
$1.00 Marketing The Wheeler Wheat Farm sells wheat to a grain broker in Seattle, Washington. Since the market for wheat is generally con Apr 27, 2012 at 9:29:49 pm
$1.00 Marketing Comparison of marginal revenue to marginal cost Apr 27, 2012 at 9:30:10 pm
$1.00 Marketing If marginal cost exceeds marginal revenue, the firm Apr 27, 2012 at 9:30:28 pm
$1.00 Marketing When marginal revenue equals marginal cost, the firm Apr 27, 2012 at 9:30:47 pm
$1.00 Marketing When managers of firms think at the margin and make incremental adjustments to the level of production, they are natural Apr 27, 2012 at 9:31:06 pm
$15.00 Business CASE STUDY 7.1 Marketing an Urgent Care Center: Apr 27, 2012 at 9:32:18 pm
$10.00 Economics How does your VMP change if the employer is a monopolist producer of its output but a price-taker in the labor market? Apr 27, 2012 at 9:35:11 pm
$1.00 Marketing Correct Answers Apr 27, 2012 at 9:45:05 pm
$25.00 Business Starbucks Keeps It Brewing in Asia Apr 27, 2012 at 10:06:25 pm
$5.00 Economics How does your VMP change if the employer is a monopolist producer of its output but a price-taker in the labor market? Apr 27, 2012 at 10:08:28 pm
$10.00 Economics The economists of the Federal Trade Commission suggested rejection of Coke’s merger with Dr. Pepper as it could: Apr 27, 2012 at 10:13:06 pm
$5.00 Economics Interest rates reflect peoples’ preference for consumption goods that are available immediately Apr 27, 2012 at 10:37:34 pm
$1.00 Marketing When market price is at P4, a profit-maximizing firm will produce what level of output? Apr 28, 2012 at 8:42:25 pm
$1.00 Marketing When the price is P2 and the firm maximizes its profit or minimizes its loss, the firm Apr 28, 2012 at 8:42:48 pm
$1.00 Marketing When calculating marginal cost, what must the firm know? Apr 28, 2012 at 8:43:07 pm
$1.00 Marketing The additional revenue a firm in a competitive market receives if it increases its production by one unit equals its Apr 28, 2012 at 8:53:42 pm
$1.00 Marketing When price falls from P3 to P1, the firm finds that Apr 28, 2012 at 8:58:44 pm
$1.00 Marketing Which of the following statements best reflects the situation faced by the firm when price falls from P4 to P2? Apr 28, 2012 at 9:13:36 pm
$1.00 Marketing A profit-maximizing firm in a competitive market will always make marginal adjustments to production as long as Apr 28, 2012 at 9:14:21 pm
$1.00 Marketing When price is greater than marginal cost for a firm in a competitive market, Apr 28, 2012 at 9:14:39 pm
$1.00 Marketing The short-run supply curve for a firm in a perfectly competitive market is Apr 28, 2012 at 9:14:55 pm
$1.00 Marketing When a perfectly competitive firm makes a decision to shut down, it is most likely that Apr 28, 2012 at 9:15:09 pm
$1.00 Marketing When a firm makes a short-run decision not to produce anything during a specified period of time because of current mark Apr 28, 2012 at 9:15:26 pm
$1.00 Marketing Firms that shut down in the short run still have to pay their Apr 28, 2012 at 9:15:40 pm
$1.00 Marketing When total revenue is less than variable costs, a firm in a competitive market will Apr 28, 2012 at 9:16:01 pm
$1.00 Marketing When price is below average variable cost, a firm in a competitive market will Apr 28, 2012 at 9:17:56 pm
$1.00 Marketing In 1999, sheepherders in the western United States slaughtered 10,000 sheep and buried them in large open pits rather th Apr 28, 2012 at 9:18:10 pm
$1.00 Marketing When economists refer to a production cost that has already been committed and cannot be recovered, they use the term Apr 28, 2012 at 9:18:33 pm
$1.00 Marketing A profit-maximizing firm in a competitive market produces small rubber balls. When the market price for small rubber bal Apr 28, 2012 at 9:19:02 pm
$1.00 Marketing Which of the following statements best reflects the production decision of a profit-maximizing firm in a competitive mar Apr 28, 2012 at 9:19:15 pm
$1.00 Marketing When fixed costs are ignored because they are irrelevant to a business’s production decision, they are called Apr 28, 2012 at 9:19:24 pm
$1.00 Marketing The Wheeler Wheat Farm has a long-term lease on 5,000 acres of land in South Dakota. The annual lease payment is $250,00 Apr 28, 2012 at 9:19:36 pm
$1.00 Marketing Shrimp Galore, a shrimp harvesting business in the Pacific Northwest, has a 30-year loan on its shrimp harvesting boat. Apr 28, 2012 at 9:19:48 pm
$1.00 Marketing A profit-maximizing firm will shut down in the short run when Apr 28, 2012 at 9:20:10 pm
$1.00 Marketing When a profit-maximizing firm in a competitive market is unable to generate enough revenue to pay all of its fixed costs Apr 28, 2012 at 9:20:22 pm
$1.00 Marketing In the long run all of a firm’s costs are variable. In this case the exit criterion for a profit-maximizing firm is Apr 28, 2012 at 9:20:35 pm
$1.00 Marketing When profit-maximizing firms in competitive markets are earning profits, Apr 28, 2012 at 9:20:49 pm
$1.00 Marketing Profit-maximizing firms enter a competitive market when, for existing firms in that market, Apr 28, 2012 at 9:20:59 pm
$1.00 Marketing When a profit-maximizing firm is earning profits, those profits can be identified by Apr 28, 2012 at 9:21:38 pm
$1.00 Marketing When a profit-maximizing firm finds itself minimizing losses because it is unable to earn a positive profit, this task i Apr 28, 2012 at 9:21:53 pm
$1.00 Marketing When a profit-maximizing firm’s fixed costs are considered sunk in the short run, then the firm Apr 28, 2012 at 9:22:05 pm
$1.00 Marketing A firm’s short-run supply curve is part of which of the following curves? Apr 28, 2012 at 9:22:18 pm
$1.00 Marketing The irrelevance of sunk costs is best described by which of the following business decisions? Apr 28, 2012 at 9:22:33 pm
$1.00 Marketing If a profit-maximizing firm in a competitive market discovers that at its current level of production price is greater t Apr 28, 2012 at 9:22:51 pm
$1.00 Marketing For any given price, a firm in a competitive market will maximize profit by selecting the level of output at which price Apr 28, 2012 at 9:23:03 pm
$1.00 Marketing By comparing marginal revenue and marginal cost, a firm in a competitive market is able to adjust production to the leve Apr 28, 2012 at 9:23:14 pm
$1.00 Marketing Assume that Sarah places a $70 value on seeing her college football team play in the Rose Bowl. She purchases a ticket t Apr 28, 2012 at 9:23:28 pm
$1.00 Marketing When a restaurant stays open for lunch service even though few customers patronize the restaurant for lunch, which of th Apr 28, 2012 at 9:23:45 pm
$1.00 Marketing In the long run, a profit-maximizing firm will choose to exit a market when Apr 28, 2012 at 9:24:17 pm
$1.00 Marketing One of the most important determinants of the success of free-market capitalism is Apr 28, 2012 at 9:24:29 pm
$1.00 Marketing A profit-maximizing firm in a competitive market is currently producing 100 units of output. It has average revenue of $ Apr 28, 2012 at 9:24:40 pm
$1.00 Marketing A profit-maximizing firm in a competitive market is able to sell its product for $9. At its current level of output the Apr 28, 2012 at 9:24:51 pm
$1.00 Marketing If a competitive firm is currently producing a level of output at which marginal revenue exceeds marginal cost, then Apr 28, 2012 at 9:25:03 pm
$1.00 Marketing If a competitive firm is currently producing a level of output at which marginal cost exceeds marginal revenue, then Apr 28, 2012 at 9:25:16 pm
$1.00 Marketing If a competitive firm is currently producing a level of output at which profit is not maximized, then it must be true th Apr 28, 2012 at 9:25:26 pm
$1.00 Marketing At the profit-maximizing level of output, Apr 28, 2012 at 9:25:36 pm
$1.00 Marketing The intersection of a firm’s marginal revenue and marginal cost curves determines the level of output at which Apr 28, 2012 at 9:25:46 pm
$1.00 Marketing For a certain firm, the 100th unit of output that the firm produces has a marginal revenue of $10 and a marginal cost of Apr 28, 2012 at 9:25:58 pm
$1.00 Marketing A certain competitive firm sells its output for $20 per unit. The 50th unit of output that the firm produces has a margi Apr 28, 2012 at 9:26:07 pm
$1.00 Marketing At Q = 1,000, the firm’s profit amounts to Apr 28, 2012 at 9:26:52 pm
$1.00 Marketing Which of these curves is the competitive firm’s supply curve? Apr 28, 2012 at 9:27:54 pm
$1.00 Marketing A competitive firm’s marginal cost curve is regarded as its supply curve because Apr 28, 2012 at 9:28:05 pm
$1.00 Marketing To begin, a competitive firm is selling its output for $20 per unit and it is maximizing its profit, which is positive. Apr 28, 2012 at 9:28:23 pm
$1.00 Marketing To begin, a competitive firm is selling its output for $10 per unit and it is maximizing its profit. Now, the price rise Apr 28, 2012 at 9:28:45 pm
$25.00 Business Assignment 2: Case 2-8 “Tapping the Ethnic Housing Market” Apr 28, 2012 at 9:43:55 pm
$3.00 Business E2-12 Linda Stanley Co. Year 2008 Apr 30, 2012 at 3:56:22 pm
$5.00 Business E2-2 Selected transactions for D. Reyes, Inc., an interior decorating firm, in its first month of business. Apr 30, 2012 at 4:03:29 pm
$2.00 Business Benning co. Income Statement for the month ended July 31, 2010 Apr 30, 2012 at 4:13:16 pm
$5.00 Business P3-2A Neosho River Resort, Inc Apr 30, 2012 at 4:16:33 pm
$3.00 Business Briscoe Company Worksheet for the month ended June 30, 2006 Apr 30, 2012 at 4:26:41 pm
$5.00 Business P5-4A J. Hafner, a former professional tennis star Apr 30, 2012 at 5:24:10 pm
$4.00 Business E5-11 In 2008,Walter Payton Company Apr 30, 2012 at 5:31:53 pm
$8.00 Economics A selfless person approaches Jones and Smith with $100 bill and offers to sell it to the highest bidder, but both the wi May 4, 2012 at 4:47:03 pm
$9.00 Economics (Requires calculus) In the model of a dominant firm, assume that the fringe supply curve is given by Q = -1 + 0.2P, wher May 4, 2012 at 4:49:09 pm
$1.50 Economics Economists consider the model of perfect competition useful because: May 4, 2012 at 4:51:30 pm
$1.50 Economics In a market characterized by many buyers and one seller, investment in informative advertising by a seller May 4, 2012 at 4:53:28 pm
$1.50 Economics Suppose the cost of producing cellular phones declines from $25 to $20 May 4, 2012 at 4:54:44 pm
$1.50 Economics In a market characterized by many sellers, if an outsider devises a way to reduce transaction costs it will. May 4, 2012 at 4:56:20 pm
$1.50 Economics Under which of the following situations would a seller prefer to incur the cost of improving the product quality? May 4, 2012 at 4:57:18 pm
$1.50 Economics Refer to Figure 8-1. If the firm purchases a new machinery which produces fewer defective units of output using the same May 4, 2012 at 4:58:25 pm
$1.50 Economics Which of the following is considered per se illegal under the U.S. antitrust law? May 4, 2012 at 4:59:18 pm
$1.50 Economics The difference between opportunity cost of the sellers and the valuation of the buyers is known as: May 4, 2012 at 5:01:21 pm
$1.50 Economics Which of the following factors affect vertical integration of firms? May 4, 2012 at 5:02:20 pm
$1.50 Economics Food retailers usually do not compete on which of the following factors? May 4, 2012 at 5:03:46 pm
$1.50 Economics In order to be successful as an innovator, a firm may require May 4, 2012 at 5:05:13 pm
$1.50 Economics Suppose the adoption of a new technology lowers the cost of production while the buyer’s valuation remains unchanged May 4, 2012 at 5:07:59 pm
$1.50 Economics Temporary discounts offered to customers by competitive retailers usually reflect May 4, 2012 at 5:09:06 pm
$1.50 Economics Which of the following contracts contain vertical restrictions that limit the transacting parties’ choices but create ec May 4, 2012 at 5:10:47 pm
$1.50 Economics Wal-Mart’s store managers have the authority to stock items and price them to satisfy localized demand. Which of the fol May 4, 2012 at 5:12:28 pm
$1.50 Economics Which of the following contracts contain vertical restrictions that limit the transacting parties’ choices but create ec May 4, 2012 at 5:13:40 pm
$1.50 Economics Temporary discounts offered to customers by competitive retailers usually reflect May 4, 2012 at 5:14:46 pm
$7.00 Economics When discussing the maximization of utility, regardless of whether you chose to work more hours or fewer when offered a May 4, 2012 at 5:19:47 pm
$4.00 Economics 1. How does the existence of money reduce the costs of making transactions, relative to a society based entirely o May 4, 2012 at 5:21:10 pm
$8.00 Economics For Figure 8-9, demand with zero transaction costs is Q1d=50-P and supply to Qs = - 7 + 2p. a.Verify all of the prices a May 4, 2012 at 5:23:27 pm
$7.00 Economics Like supermarkets, full-service department stores like Macy’s are generally in decline. What factors might these types o May 4, 2012 at 5:27:07 pm
$14.50 Economics A firm in a perfectly competitive market invents a new method of production that lowers its marginal costs. What happens May 4, 2012 at 5:30:42 pm
$15.00 Economics Which of the following were discovered in a Federal Trade Commission Study of 8,000 new and used Corvettes sold on eBay May 6, 2012 at 9:48:32 pm
$1.00 Business The area above the supply curve and below the market price represents May 6, 2012 at 6:24:38 pm
$5.00 Business Accouting P10-9A May 11, 2012 at 6:56:01 am
$1.00 Economics Which of the following industries can create barriers to the entry of new firms due to size and specificity? May 12, 2012 at 6:31:45 pm
$25.00 Business Revlon for Men with Visuals May 13, 2012 at 7:29:14 pm
$10.00 Economics A firm in a perfectly competitive market invents a new method of production that lowers marginal costs. May 11, 2012 at 6:42:14 am
$9.00 Economics Which of the following activities undertaken by a competitive firm can improve its public relations? May 13, 2012 at 8:26:35 pm
$1.50 Economics Which of the following activities undertaken by a competitive firm can improve its public relations? May 13, 2012 at 8:28:06 pm
$1.50 Economics The difference between opportunity cost of the sellers and the valuation of the buyers is known as: May 13, 2012 at 8:28:45 pm
$1.50 Economics Which of the following is considered per se illegal under the U.S. antitrust law? May 13, 2012 at 8:29:35 pm
$1.50 Economics Wal-Mart’s store managers have the authority to stock items and price them to satisfy localized demand. Which of the fol May 13, 2012 at 8:30:56 pm
$1.50 Economics In a market characterized by many buyers and one seller, investment in informative advertising by a seller can ____ the May 13, 2012 at 8:31:32 pm
$1.50 Economics Which of the following factors affect vertical integration of firms? May 13, 2012 at 8:32:17 pm
$1.50 Economics Which of the following is an example of a one-time investment made by a seller to reduce the transaction cost on all uni May 13, 2012 at 8:33:44 pm
$1.50 Economics Which of the following is a reason behind Wal-Mart’s success? May 13, 2012 at 8:34:27 pm
$1.50 Economics Which of the following contracts contain vertical restrictions that limit the transacting parties’ choices but create ec May 13, 2012 at 8:35:08 pm
$1.50 Economics In a market characterized by many sellers, assume that transaction costs for both buyers and sellers are both costlessly May 13, 2012 at 8:35:57 pm
$1.50 Business In a market characterized by many sellers, if an outsider devises a way to reduce transaction costs it will: May 13, 2012 at 8:36:29 pm
$1.50 Economics Which of the following is an example of a durable strategy undertaken by firms to prevent competition? May 13, 2012 at 8:37:15 pm
$1.50 Economics A firm’s resource at a given point in time can be defined as: May 13, 2012 at 8:40:37 pm
$1.50 Economics Temporary discounts offered to customers by competitive retailers usually reflect: May 13, 2012 at 8:41:10 pm
$1.50 Economics Under which of the following situations would a seller prefer to incur the cost of improving the product quality? May 13, 2012 at 8:41:45 pm
$15.00 Economics In a market characterized by many sellers, assume that transaction costs for both buyers and sellers are both costlessly May 14, 2012 at 11:03:13 pm
$10.00 Economics Week 5 ECO FOR DETR1 May 17, 2012 at 10:22:21 am
$25.00 Economics Week 1-7 DETR1 May 17, 2012 at 11:17:06 am
$1.50 Economics Which of the following is an example of a possessory property right? May 17, 2012 at 8:58:14 pm
$1.50 Economics Which of the following exemplifies inefficient legal assignment of rights with high transaction costs? May 17, 2012 at 9:00:42 pm
$1.50 Economics For which of the following investment activities does the law clearly define the parties’ underlying rights? May 17, 2012 at 9:03:08 pm
$1.50 Economics NetJets, which is the first time-share program for aircraft, cuts transaction costs by: May 17, 2012 at 9:04:31 pm
$1.50 Economics Which of the following is an example of an obligation associated with a right? May 17, 2012 at 9:06:00 pm
$1.50 Economics _____ refers to an enforceable set of promises to take certain actions over the future May 17, 2012 at 9:06:41 pm
$1.50 Economics Lawyer Ayres and economist Levitt considered the net benefits of installing a LoJack from the society’s standpoint posit May 17, 2012 at 9:07:37 pm
$1.50 Economics Value-creating contracts require underlying laws that: May 17, 2012 at 9:08:03 pm
$1.50 Economics The _____ is both a forum where farmers decide what their dues will purchase, and an organization that informally coerce May 17, 2012 at 9:08:55 pm
$1.50 Economics In a society, if negotiation among parties leads to a politically unsatisfactory distribution of income: May 17, 2012 at 9:09:43 pm
$1.50 Economics Which of the following activities can create a beneficial externality? May 17, 2012 at 9:12:05 pm
$1.50 Economics Which of the following remedies can be used to prevent the beekeeper and the farmer from breaking the contract? May 17, 2012 at 9:12:43 pm
$1.50 Economics Which of the following is an aim of a price-fixing agreement? May 17, 2012 at 9:13:55 pm
$1.50 Economics Assume that the market for executive travel is perfectly competitive. If the availability of time-sharing reduces transa May 17, 2012 at 9:13:56 pm
$1.50 Economics Suppose an individual discovers the mouth of a previously unknown cave (expected to contain a single large diamond) on h May 17, 2012 at 9:14:32 pm
$1.50 Economics Which of the following can be classified as a highly specific asset? May 17, 2012 at 9:15:19 pm
$1.50 Economics If parties to a contract can anticipate the court’s decision in the event of a dispute with some degree of certainty: May 17, 2012 at 9:15:23 pm
$1.50 Economics Which of the following features was prominent in the airline industry during the 1950s? May 17, 2012 at 9:16:01 pm
$1.50 Economics _____ is an arrangement between an attorney and the plaintiff, in which the latter agrees to pay a certain fraction of t May 17, 2012 at 9:16:21 pm
$1.50 Economics The matrix given below represents the payoffs to oil well owners Mike and Frasel if they enter into a unitization contra May 17, 2012 at 9:16:58 pm
$1.50 Economics Parties to the contract prefer to keep the actual agreement incomplete when: May 17, 2012 at 9:17:17 pm
$1.50 Economics A travel agency enters into a contract with a hotel chain which gives it priority access to 25 percent of its rooms in m May 17, 2012 at 9:17:29 pm
$1.50 Economics Which of the following will be an efficient payment scheme for a defendant’s attorney, who is experienced in handling si May 17, 2012 at 9:18:06 pm
$1.50 Economics _____ is an example of human specificity which raises the risks associated with opportunism. May 17, 2012 at 9:18:37 pm
$1.50 Economics Which of the following is a legal remedy for a breach of the contract between parties? May 17, 2012 at 9:19:09 pm
$1.50 Economics An organization offers training programs for its employees at a subsidized rate to help them use a nascent technology th May 17, 2012 at 9:19:42 pm
$1.50 Economics According to the Coase theorem, if transactions and negotiations are costless: May 17, 2012 at 9:19:53 pm
$1.50 Economics Which of the following is an example of a principal/agent relationship? May 17, 2012 at 9:20:18 pm
$1.50 Economics Which of the following examples can be associated with the task specificity aspect of an asset? May 17, 2012 at 9:20:56 pm
$1.50 Economics Fixing a payment schedule in an agreement: May 17, 2012 at 9:21:09 pm
$1.00 Economics In a society, if negotiation among parties leads to a politically unsatisfactory distribution of income: May 19, 2012 at 11:51:07 pm
$10.00 Economics Why does the assumption of independence of risks matter in the examples of insurance? What would happen to premiums if t May 19, 2012 at 11:57:13 pm
$1.00 Economics ____ is a contract that specifies actions to be taken if various situations come to prevail: May 20, 2012 at 12:08:25 am
$1.00 Economics Farmers can avoid the free rider problem associated with the benefits received from beekeepers by: May 20, 2012 at 12:12:12 am
$1.00 Economics Which of the following contracts is considered self-enforcing? May 20, 2012 at 4:35:37 pm
$1.50 Economics Escalators present in a contract must state: May 20, 2012 at 6:20:32 pm
$1.00 Economics Which of the following activities can create a beneficial externality? May 20, 2012 at 6:22:46 pm
$1.00 Economics How can the government cut the cost of negotiation among car owners regarding LoJack installation? May 20, 2012 at 6:24:32 pm
$1.00 Economics Which of the following is a new law on fishing imposed by the government to increase the total supply of fish? May 20, 2012 at 6:31:52 pm
$1.00 Economics Suppose an individual discovers the mouth of a previously unknown cave (expected to contain a single large diamond) on h May 20, 2012 at 6:33:00 pm
$1.00 Economics Investments that are specific to a relationship (i.e. of lower value elsewhere) are considered risky and require: May 20, 2012 at 7:05:11 pm
$1.00 Economics Which of the following is an aim of a price-fixing agreement? May 20, 2012 at 7:08:00 pm
$1.00 Economics Which of the following remedies can be used to prevent the beekeeper and the farmer from breaking the contract? May 20, 2012 at 7:09:02 pm
$1.00 Economics Lawyer Ayres and economist Levitt considered the net benefits of installing a LoJack from the society’s standpoint posit May 20, 2012 at 7:09:55 pm
$1.00 Economics Inclusive property rights provide an investor: May 20, 2012 at 7:10:59 pm
$1.00 Economics If the costs of negotiating and enforcing contracts are _____ relative to the benefits, buyers and sellers have incentiv May 20, 2012 at 7:12:14 pm
$1.00 Economics The _____ gives a hunter ownership rights on a bird killed by him while it was flying over his property May 20, 2012 at 7:14:16 pm
$1.00 Economics Which of the following is an example of a possessory property right? May 20, 2012 at 7:15:12 pm
$1.00 Economics Which of the following is an example of a possessory property right? May 20, 2012 at 7:15:13 pm
$1.00 Economics For which of the following investment activities does the law clearly define the parties’ underlying rights? May 20, 2012 at 7:16:47 pm
$1.00 Economics _____ refers to an enforceable set of promises to take certain actions over the future. May 20, 2012 at 7:18:16 pm
$1.00 Economics According to economists, an individual who tries to derive utility from the consumption of a good without paying for it May 20, 2012 at 7:19:29 pm
$1.50 Economics Fixing a payment schedule in an agreement: May 20, 2012 at 7:20:49 pm
$1.00 Economics _____ is a contract that specifies actions to be taken if various situations come to prevail May 20, 2012 at 7:21:57 pm
$1.00 Business Which of the following exemplifies specific performance that a court might order from the party in breach of a contract? May 20, 2012 at 7:23:08 pm
$1.00 Economics Which of the following examples can be associated with the task specificity aspect of an asset? May 20, 2012 at 7:26:44 pm
$1.50 Economics Escalators present in a contract must state: May 20, 2012 at 7:28:32 pm
$10.00 Economics Full Eco 550 Quiz 5 May 20, 2012 at 9:12:39 pm
$1.00 Business Which of the following may require the parties to renegotiate certain parts of a contract if market conditions change dr May 20, 2012 at 11:42:48 pm
$1.00 Economics Which of the following may require the parties to renegotiate certain parts of a contract if market conditions change dr May 20, 2012 at 11:44:20 pm
$1.00 Economics Which of the following risks cannot be hedged by an insurance? May 20, 2012 at 11:46:44 pm
$1.00 Economics Which of the following is an aim of a price-fixing agreement May 20, 2012 at 11:51:45 pm
$1.00 Economics Which of the following were discovered in a Federal Trade Commission Study of 8,000 new and used Corvettes sold on eBay May 23, 2012 at 12:05:12 pm
$50.00 Economics ECO 550 Assignment 1 and 2 Market Model Patterns of Change and Mergers & Acquisitions May 26, 2012 at 11:16:14 am
$1.50 Law LEG500 Assuming a business ethical dilemma, which statement best illustrates Gilligan approach suggested in her theory o May 26, 2012 at 11:18:09 am
$1.50 Law LEG 500 The Constitution does not always protect free-speech rights for what public employees say on the job. Which of May 26, 2012 at 11:19:43 am
$1.50 Law Select the best definition of whistleblower: May 26, 2012 at 11:21:33 am
$1.50 Law In considering the legality of employer interception of employee e-mails at work, pick the correct statement May 26, 2012 at 11:24:59 am
$1.50 Law The United States Constitution, Fourth Amendment provides \"[t]he right of the people to be secure in their persons, hous May 26, 2012 at 11:26:39 am
$1.50 Law To establish a prima facie case of religious discrimination, the employee has to show all of the following except which May 26, 2012 at 11:27:58 am
$1.50 Law Employment practices without business justification applied to all employees that result in a less favorable effect for May 26, 2012 at 11:29:07 am
$1.50 Law Title VII of the Civil Rights Act of 1964 prohibits employment discrimination based on race, color, religion, sex, or na May 26, 2012 at 11:30:32 am
$1.50 Law Equal protection is the constitutional guarantee: May 26, 2012 at 11:31:37 am
$1.50 Law With the adoption of the ____________, the U.S. began to address the need to prevent, or minimize, workplace accidents a May 26, 2012 at 11:32:48 am
$1.50 Law The power of the U.S. Government to take property from a private individual and use it for public purposes is: May 26, 2012 at 11:33:51 am
$1.50 Law Shareholder activism includes which of the following May 26, 2012 at 11:35:01 am
$1.50 Law According to John Kenneth Galbraith, the theory of consumer demand is based on the following broad assumption(s) May 26, 2012 at 11:36:06 am
$1.50 Law Identify the true statement(s) regarding freedom of speech: May 26, 2012 at 11:37:28 am
$1.50 Law The “creative revolution” in advertising refers to May 26, 2012 at 11:38:33 am
$1.00 Engineering Which of the following situations can lead to a winner’s curse? May 27, 2012 at 5:33:12 pm
$1.00 Economics The _____ clause in an insurance policy relieves the insurer of responsibility to pay for policyholder’s losses below a May 27, 2012 at 5:34:08 pm
$1.00 Economics The effects of asymmetric information in the car market can be weakened by: May 27, 2012 at 5:34:44 pm
$1.00 Economics Which of the following problems associated with asymmetric information can be avoided by using a product warranty? May 27, 2012 at 5:35:21 pm
$1.00 Economics If a purchase contract allows a buyer to accept less than a specified maximum \"take\" each month, buying a _____ would al May 27, 2012 at 5:35:54 pm
$1.00 Economics An insured person’s incentive to behave in ways that raise the probability of a claim is known as: May 27, 2012 at 5:36:27 pm
$1.00 Economics Which of the following is an example of a moral hazard? May 27, 2012 at 5:36:55 pm
$1.00 Economics Which of the following practices of insurers deter moral hazard? May 27, 2012 at 5:37:21 pm
$1.00 Economics Which of the following can be a solution to the lemons problem? May 27, 2012 at 5:38:22 pm
$1.00 Economics DTC contracts which prohibit buyers from inspecting diamonds in advance help to minimize: May 27, 2012 at 5:38:54 pm
$1.00 Economics An individual will be considered risk neutral if: May 27, 2012 at 5:39:24 pm
$1.00 Economics Which of the following is an example of a non-price provision in an automobile insurance contract that can reduce moral May 27, 2012 at 5:39:49 pm
$1.00 Economics Which of the following is an example of asymmetric information? May 27, 2012 at 5:40:23 pm
$1.00 Economics Which of the following risks will always be insured in a business? May 27, 2012 at 5:40:46 pm
$1.00 Economics In which of the following areas are partnerships common? May 27, 2012 at 5:41:21 pm
$1.00 Economics Directors can make opportunistic choices to advance their personal interest when: May 27, 2012 at 5:41:57 pm
$1.00 Economics In a _____ the outsider buys the shares with debt collateralized by its other assets, and sometimes also by the target’s May 27, 2012 at 5:43:00 pm
$1.00 Economics In business organizations, the specialization of workers and their assignments to different tasks is called: May 27, 2012 at 5:43:35 pm
$1.00 Economics A person who performs supervisory activities will also be a _____ if she/he is financially responsible for investment a May 27, 2012 at 5:44:25 pm
$1.00 Economics _____ are legal and contractual mechanism[s] for creating and operating a business for profit, using capital from invest May 27, 2012 at 5:44:54 pm
$1.00 Economics If the owners of different types of resources, which are combined to produce an output, agree on organizational relation May 27, 2012 at 5:45:22 pm
$1.00 Economics A _____ puts the assets of two corporations under a common management. May 27, 2012 at 5:45:49 pm
$1.00 Economics A _____ requires workers to comply with orders from a boss, who need not consult them when making decisions, and to be p May 27, 2012 at 5:46:12 pm
$1.00 Economics Which of the following could a corporation use to raise its initial operating capital? May 27, 2012 at 5:46:38 pm
$1.00 Economics Creditors supply loans to sole proprietors at a high rate of interest because of: May 27, 2012 at 5:47:10 pm
$1.00 Economics Which of the following risks cannot be hedged by an insurance? May 27, 2012 at 5:47:41 pm
$1.00 Economics When a single individual performs all the steps involved in the production process he/she incurs: May 27, 2012 at 5:48:38 pm
$1.00 Economics Risk-averse people cut their risks by: May 27, 2012 at 5:49:04 pm
$1.00 Economics An outside organization trying to gain control of a corporation offers a _____ by announcing its intent to purchase up t May 27, 2012 at 5:49:28 pm
$1.00 Economics _____ is the price paid by the insured to sell the risk to the insurer, which must cover the expected payout if a disast May 27, 2012 at 5:56:46 pm
$1.00 Economics ______ provisions in an insurance policy stipulate that it will pay only a certain percentage of losses claimed by the i May 27, 2012 at 5:57:56 pm
$1.00 Economics According to the theory of propitious selection: May 27, 2012 at 5:58:34 pm
$1.00 Economics Which of the following is a possible result of adverse selection? May 27, 2012 at 6:01:05 pm
$1.00 Economics In a principal/agent relationship, _____ can help to reduce the damage caused by a winner’s curse, provided both the par May 27, 2012 at 6:02:40 pm
$1.00 Economics Assets whose returns have a high positive correlation are considered: May 27, 2012 at 6:04:11 pm
$1.00 Economics A sole proprietorship is characterized by: May 27, 2012 at 6:05:04 pm
$1.00 Economics Which of the following is an advantage of having centralized ownership and responsibility for capital goods? May 27, 2012 at 6:05:51 pm
$1.00 Economics Disagreement between the partners during operation can result in: May 27, 2012 at 6:06:34 pm
$1.00 Economics A person acting as a supervisor as well as a residual claimant: May 27, 2012 at 6:07:16 pm
$1.00 Economics When a large shareholder or a group solicits vote for a slate of directors that it has proposed as an alternative to can May 27, 2012 at 6:07:58 pm
$1.00 Economics Independent workers using specialized capital save the costs of contracting but risk: May 27, 2012 at 6:08:40 pm
$1.00 Economics _____ have no decision-making powers but can lose no more than what they have invested. May 27, 2012 at 6:09:27 pm
$1.00 Economics When government imposes a price floor above the market price, the result will be that Jun 8, 2012 at 2:00:49 pm
$1.00 Economics Which of the following is a root cause behind competition inherent in every society? Jun 8, 2012 at 5:43:13 pm
$1.00 Economics Which of the following individuals will undertake extensive research before making their choice Jun 8, 2012 at 5:43:56 pm
$1.00 Economics _____ constraints refer to your limited ability to process valuable information. Jun 8, 2012 at 5:44:34 pm
$1.00 Economics When multiple facts about a sample set are known, a(n) _____ heuristic makes the choice on the basis of the first catego Jun 8, 2012 at 5:45:12 pm
$1.00 Economics Publicly available data on production costs and box office revenues reflect that: Jun 8, 2012 at 5:45:47 pm
$1.00 Economics A model of choice in economics starts by assuming that: Jun 8, 2012 at 5:46:24 pm
$1.00 Economics Since people’s incomes are limited and their abilities to borrow differ they face _____ constraints. Jun 8, 2012 at 5:46:52 pm
$1.00 Economics The logical (and sometimes illogical) shortcuts that people derive from experience which economize on their mental capab Jun 8, 2012 at 5:47:24 pm
$1.00 Economics When an economy’s limited resources are moved into the production of one commodity, the production of a valuable alterna Jun 8, 2012 at 5:48:01 pm
$1.00 Economics It has been observed that people surveyed shortly after major air crashes estimate higher probabilities that a given fli Jun 8, 2012 at 5:48:39 pm
$1.00 Economics The math and graphics used in economics help us better understand the logic of: Jun 8, 2012 at 5:49:15 pm
$1.00 Economics Jane regularly sends funds to organizations seeking to save endangered animal species. This is an example of: Jun 8, 2012 at 5:49:41 pm
$1.00 Economics _____ is an online venue where businesses and individuals can hedge their uncertainty about whether legislation that aff Jun 8, 2012 at 5:50:35 pm
$1.00 Economics Which of the following products should be sold face-to-face rather than by mass advertising? Jun 8, 2012 at 5:50:59 pm
$1.00 Economics Decision makers who try their best for rationality but are constrained by limited information and processing abilities a Jun 8, 2012 at 5:51:26 pm
$1.00 Economics _____ are an institution where the protocols may determine a _____ and the expected revenue of the seller. Jun 8, 2012 at 5:51:51 pm
$1.00 Economics Prices play a smaller role in _____, in contrast to other modes of governance like _____ and _____. Jun 8, 2012 at 5:52:19 pm
$1.00 Economics In the early twentieth century, general stores in the upper Midwest had more power over prices because: Jun 8, 2012 at 5:52:47 pm
$1.00 Economics The total cost of purchasing a car is: Jun 8, 2012 at 5:53:20 pm
$1.00 Economics Contracts are: Jun 8, 2012 at 5:53:49 pm
$1.00 Economics The complex organizational process through which computer-based information systems are developed and maintained best de Jun 8, 2012 at 5:54:16 pm
$1.00 Economics With cheaper communication technology and easy flow of information between countries, Jun 8, 2012 at 5:54:19 pm
$1.00 Economics When the slope of a country’s production set declines, it implies: Jun 8, 2012 at 5:58:03 pm
$1.00 Economics Fiona and Alicia divide their time equally between ironing shirts and cooking meals. Fiona can iron 5 shirts and cook 2 Jun 8, 2012 at 5:58:26 pm
$1.00 Economics Suppose Zia spends her time picking berries and apples. Her production set is described by the equation , where is the n Jun 8, 2012 at 5:54:53 pm
$1.00 Economics Trade between two parties is beneficial because: Jun 8, 2012 at 5:55:17 pm
$1.00 Economics What matters in Economics is: Jun 8, 2012 at 5:55:47 pm
$1.00 Economics The main reason Sears Roebuck became the largest retailer in the United States during the late nineteenth century was th Jun 8, 2012 at 5:56:09 pm
$1.00 Economics Which of the following is an example of market governance? Jun 8, 2012 at 5:56:43 pm
$1.00 Economics The shares of the economic value of a particular transaction that accrues to the seller and the buyer depend on: Jun 8, 2012 at 5:57:10 pm
$1.00 Economics Suppose a buyer hires an interpreter who charges $5 to negotiate a deal with a seller. The buyer’s valuation of the good Jun 8, 2012 at 5:57:34 pm
$1.00 Economics Software designed to support the payroll function would best be classified as Jun 8, 2012 at 5:58:51 pm
$25.00 Business Product Liability Jun 8, 2012 at 6:01:06 pm
$1.00 Economics Computer software designed to support organizational functions or processes best defines Jun 8, 2012 at 6:02:13 pm
$1.00 Economics The following is an organization chart depicting a single row of individuals A, B, and C. Figure 13-1 Jun 8, 2012 at 6:05:57 pm
$1.00 Economics Wal-Mart’s store managers have the authority to stock items and price them to satisfy localized demand. Which of the fol Jun 8, 2012 at 6:06:14 pm
$1.00 Economics One of the disadvantages of an organization which has a matrix structure is that Jun 8, 2012 at 6:06:18 pm
$1.00 Economics Refer to Figure 13-2. Identify the structure of Z Corp. The following is the organization chart of Z Corp. Jun 8, 2012 at 6:06:44 pm
$1.00 Economics The late business historian Alfred Chandler blamed Britain’s competitive difficulties in the early twentieth century on Jun 8, 2012 at 6:07:02 pm
$1.00 Economics Categorization of activities in an organization along product or geographic lines is called Jun 8, 2012 at 6:07:34 pm
$1.00 Economics Which of the following contracts contain vertical restrictions that limit the transacting parties’ choices but create Jun 8, 2012 at 6:07:54 pm
$1.00 Economics Which of the following is a function of the headquarters of an M-form organization? Jun 8, 2012 at 6:08:10 pm
$1.00 Economics Which of the following statements is true about Tyson Foods, Inc.? Jun 8, 2012 at 6:08:20 pm
$1.00 Economics Orders can lose accuracy Jun 8, 2012 at 6:08:32 pm
$1.00 Economics Identify the characteristic of a U-form organization from the following Jun 8, 2012 at 6:08:41 pm
$1.00 Economics The method of payment that a principal can use to elicit effort from an agent is called Jun 8, 2012 at 6:08:55 pm
$1.00 Economics Axis Group has a publishing house, operates in the sports gear market, and owns a coffee plantation. A board of director Jun 8, 2012 at 6:09:06 pm
$1.00 Economics General Motors was able to gain advantage over Ford in the 1920s primarily because Jun 8, 2012 at 6:09:20 pm
$1.00 Economics A firm’s ability to process information depends on Jun 8, 2012 at 6:09:31 pm
$1.00 Economics Tiffany needs to assess the market risk in order to decide when to launch a new product. He decides to delegate the task Jun 8, 2012 at 6:09:44 pm
$1.00 Economics The _____ keeps decisions at the divisional level that would be sent to headquarters in a _____. Jun 8, 2012 at 6:09:54 pm
$1.00 Economics U.S. Steel considers the iron ore market thin because of Jun 8, 2012 at 6:10:08 pm
$1.00 Economics When two _____ monopolists merge, one division of the newly merged company will transfer its output to another division Jun 8, 2012 at 6:10:28 pm
$1.00 Economics _____ increases with the variability of outcomes and the underlying degree of randomness in the environment that can aff Jun 8, 2012 at 6:10:37 pm
$1.00 Economics _____ and _____ are major factors in de-integration, which act in opposite directions Jun 8, 2012 at 6:10:47 pm
$1.00 Economics Which of the following transactions can be categorized as outsourcing? Jun 8, 2012 at 6:10:59 pm
$1.00 Economics The arrival of inexpensive information technology, such as personal computers and inexpensive telecommunications Jun 8, 2012 at 6:11:09 pm
$1.00 Economics A monopolistic producer supplying raw materials to two industries one with a lower price elasticity of demand and the ot Jun 8, 2012 at 6:11:19 pm
$1.00 Economics During the peak season, when demand for pipeline transport of natural gas at the maximum legally allowable price exceeds Jun 8, 2012 at 6:11:32 pm
$1.00 Economics Identify the reason why U.S. Steel prefers to own iron ore mines. Jun 8, 2012 at 6:11:43 pm
$1.00 Economics The maximum price pipelines can charge for distributing gas Jun 8, 2012 at 6:11:52 pm
$1.00 Economics Which of the following exemplifies a vertical restraint imposed by a franchisor in a contract? Jun 8, 2012 at 6:12:03 pm
$1.00 Economics Which of the following is an advantage of mini-mills over vertically integrated giant mills? Jun 8, 2012 at 6:12:15 pm
$1.00 Economics Suppose a parent company producing sportswear decides take back some formerly franchised outlets and operate them with i Jun 8, 2012 at 6:12:27 pm
$1.00 Economics Coal producers cannot profit by acting opportunistically toward U.S. Steel because Jun 8, 2012 at 6:12:38 pm
$1.00 Economics Iron mining, coal mining, and coke production constitute the _____ steps in steel making Jun 8, 2012 at 6:12:46 pm
$1.00 Economics Terry wants to sell his car and the lowest price he is willing to accept is $3,000. Alice likes the car and is willing Jun 8, 2012 at 6:14:11 pm
$1.00 Economics Which of the following is a characteristic of the core? Jun 8, 2012 at 6:16:24 pm
$1.00 Economics In which of the following are the parties likely to avail themselves of norms for the transaction? Jun 8, 2012 at 6:17:02 pm
$1.00 Economics Which of the following is a cost borne by an employee? Jun 8, 2012 at 6:17:46 pm
$1.00 Economics Successive monopolies face the problem of Jun 8, 2012 at 6:18:20 pm
$1.00 Economics Temporary discounts offered to customers by competitive retailers usually reflect: Jun 8, 2012 at 6:18:51 pm
$1.00 Economics An automobile manufacturer imported equipment in order to produce a particular model at low cost. Falling demand, howeve Jun 8, 2012 at 6:18:58 pm
$1.00 Economics In a market characterized by many buyers and one seller, investment in informative advertising by a seller can ____ the Jun 8, 2012 at 6:19:37 pm
$1.00 Economics The figure given below represents a perfectly competitive market in long-run equilibrium. LRS represents the long-run su Jun 8, 2012 at 6:19:49 pm
$1.00 Economics Suppose the cost of producing cellular phones declines from $25 to $20. If buyers’ valuations remain fixed at $30, the t Jun 8, 2012 at 6:20:26 pm
$1.00 Economics Which of the following best describes the purpose of the statement of cash flows? Jun 8, 2012 at 6:20:57 pm
$1.00 Economics In a market characterized by many sellers, if an outsider devises a way to reduce transaction costs it will Jun 8, 2012 at 6:20:58 pm
$1.00 Economics When preparing the operating activities section of the statement of cash flows under the indirect method, which of the f Jun 8, 2012 at 6:21:21 pm
$1.00 Economics Under which of the following situations would a seller prefer to incur the cost of improving the product quality Jun 8, 2012 at 6:21:34 pm
$1.00 Economics Nearly all major corporations use which format for reporting the statement of cash flows? Jun 8, 2012 at 6:21:39 pm
$1.00 Economics Depreciation expense Jun 8, 2012 at 6:22:02 pm
$1.00 Economics The sale of equipment is a financing activity. Jun 8, 2012 at 6:22:16 pm
$1.00 Economics Refer to Figure 8-1. If the firm purchases a new machinery which produces fewer defective units of output using the same Jun 8, 2012 at 6:22:22 pm
$1.00 Economics The payment of wages is a financing activity. Jun 8, 2012 at 6:22:53 pm
$1.00 Economics Nearly all major corporations use which format for reporting the statement of cash flows? Jun 8, 2012 at 6:23:08 pm
$1.00 Economics Which of the following is considered per se illegal under the U.S. antitrust law? Jun 8, 2012 at 6:23:12 pm
$1.00 Economics The indirect format of the cash flow statement reconciles Jun 8, 2012 at 6:23:24 pm
$1.00 Economics Which of the following is a FALSE statement? Jun 8, 2012 at 6:23:37 pm
$1.00 Economics Which of the following is an example of a durable strategy undertaken by firms to prevent competition? Jun 8, 2012 at 6:23:48 pm
$1.00 Economics The difference between opportunity cost of the sellers and the valuation of the buyers is known as Jun 8, 2012 at 6:24:23 pm
$1.00 Economics Sonny’s Liquors, Inc. had the following cash flows during March: Jun 8, 2012 at 6:24:42 pm
$1.00 Economics A company\'s net income and operating cash flow are ____ equal. Jun 8, 2012 at 6:24:55 pm
$1.00 Economics Which of the following factors affect vertical integration of firms Jun 8, 2012 at 6:24:58 pm
$1.00 Economics The primary difference between the cash flows statement and all other primary external financial statements is that the Jun 8, 2012 at 6:25:10 pm
$1.00 Economics The statement of cash flows is designed to report Jun 8, 2012 at 6:25:26 pm
$1.00 Economics Food retailers usually do not compete on which of the following factors? Jun 8, 2012 at 6:25:32 pm
$1.00 Economics Use the following information to calculate the cash from operating activities: Jun 8, 2012 at 6:25:45 pm
$1.00 Economics Activities that involve the production or delivery of goods for sale or the providing of services for sale should be lis Jun 8, 2012 at 6:26:28 pm
$1.00 Economics In order to be successful as an innovator, a firm may require: Jun 8, 2012 at 6:26:35 pm
$1.00 Economics Refer to Figure 8-2. Suppose the adoption of a new technology lowers the cost of production while the buyer’s valuation Jun 8, 2012 at 6:28:40 pm
$1.00 Economics A statement of cash flows has been prepared. The sum of the three major components (operating activities, investing acti Jun 8, 2012 at 6:30:01 pm
$1.00 Economics Which of the following is properly classified on a statement of cash flows as an operating activity? Jun 8, 2012 at 6:30:20 pm
$1.00 Economics The statement of cash flows can be thought of as a “cash-basis” income statement. Jun 8, 2012 at 6:30:35 pm
$1.00 Economics Boomer’s Auto Sound Company reported 2007 sales of $640,000. The following information is also available: Jun 8, 2012 at 6:30:55 pm
$1.00 Economics Which of the following are permissible methods of presenting \"Cash Flow from Operating Activities?\" Jun 8, 2012 at 6:31:09 pm
$1.00 Economics According to economists, an individual who tries to derive utility from the consumption of a good without paying for it Jun 8, 2012 at 6:31:45 pm
$1.00 Economics Under low-cost contracting like that between beekeepers and farmers, the agreement between the two parties is not self-e Jun 8, 2012 at 6:32:06 pm
$1.00 Economics Which of the following exemplifies inefficient legal assignment of rights with high transaction costs? Jun 8, 2012 at 6:32:25 pm
$1.00 Economics _____ refers to an enforceable set of promises to take certain actions over the future Jun 8, 2012 at 6:32:39 pm
$1.00 Economics Investments that are specific to a relationship (i.e. of lower value elsewhere) are considered risky and require Jun 8, 2012 at 6:32:50 pm
$1.00 Economics The _____ is both a forum where farmers decide what their dues will purchase, and an organization that informally coerce Jun 8, 2012 at 6:33:01 pm
$1.00 Economics For which of the following investment activities does the law clearly define the parties’ underlying rights? Jun 8, 2012 at 6:33:12 pm
$1.00 Economics Which of the following is a new law on fishing imposed by the government to increase the total supply of fish? Jun 8, 2012 at 6:33:22 pm
$1.00 Economics _____ is the price paid by the insured to sell the risk to the insurer, which must cover the expected payout if a disast Jun 8, 2012 at 6:33:26 pm
$1.00 Economics Inclusive property rights provide an investor: Jun 8, 2012 at 6:33:35 pm
$1.00 Economics If the costs of negotiating and enforcing contracts are _____ relative to the benefits, buyers and sellers have incentiv Jun 8, 2012 at 6:33:53 pm
$1.00 Economics How can the government cut the cost of negotiation among car owners regarding LoJack installation? Jun 8, 2012 at 6:34:03 pm
$1.00 Economics If a purchase contract allows a buyer to accept less than a specified maximum \"take\" each month, buying a _____ would al Jun 8, 2012 at 6:34:14 pm
$1.00 Economics Lawyer Ayres and economist Levitt considered the net benefits of installing a LoJack from the society’s standpoint posit Jun 8, 2012 at 6:34:27 pm
$1.00 Economics Farmers can avoid the free rider problem associated with the benefits received from beekeepers by: Jun 8, 2012 at 6:34:37 pm
$1.00 Economics Value-creating contracts require underlying laws that Jun 8, 2012 at 6:34:49 pm
$1.00 Economics Suppose an individual discovers the mouth of a previously unknown cave (expected to contain a single large diamond) on h Jun 8, 2012 at 6:35:00 pm
$1.00 Economics _____ is an example of human specificity which raises the risks associated with opportunism. Jun 8, 2012 at 6:35:14 pm
$1.00 Economics Which of the following theories states that people who are highly risk-averse are less likely to engage in high-risk act Jun 8, 2012 at 6:35:19 pm
$1.00 Economics _____ is a contract that specifies actions to be taken if various situations come to prevail. Jun 8, 2012 at 6:35:25 pm
$1.00 Economics Assume that James owns a wheat farm that produces an annual crop of 500 bushels. His only choice is to store it in a nea Jun 8, 2012 at 6:35:39 pm
$1.00 Economics If parties to a contract can anticipate the court’s decision in the event of a dispute with some degree of certainty Jun 8, 2012 at 6:35:54 pm
$1.00 Economics _____ is an arrangement between an attorney and the plaintiff, in which the latter agrees to pay a certain fraction of t Jun 8, 2012 at 6:36:02 pm
$1.00 Economics Which of the following investments can be classified as specific assets? Jun 8, 2012 at 6:36:13 pm
$1.00 Economics In which of these situations is vertical integration most likely? Jun 8, 2012 at 6:36:24 pm
$1.00 Economics Refer to Table 10-1. What would be the combined gain of the two if both breach the unitization contract? The matrix giv Jun 8, 2012 at 6:36:40 pm
$1.00 Economics Which of the following contracts is considered self-enforcing? Jun 8, 2012 at 6:36:54 pm
$1.00 Economics Which of the following features was prominent in the airline industry during the 1950s? Jun 8, 2012 at 6:37:03 pm
$1.00 Economics Which of the following exemplifies specific performance that a court might order from the party in breach of a contract? Jun 8, 2012 at 6:37:18 pm
$1.00 Economics A travel agency enters into a contract with a hotel chain which gives it priority access to 25 percent of its rooms in m Jun 8, 2012 at 6:37:28 pm
$1.00 Economics Suppose Jonah and Carlos have a contract, which Carlos chooses to breach. Jonah sues, and a court orders Carlos to pay h Jun 8, 2012 at 6:37:39 pm
$1.00 Economics Which of the following is a problem encountered in a transaction involving a principal/agent relationship? Jun 8, 2012 at 6:37:52 pm
$1.00 Economics A payment arrangement between an attorney and a plaintiff, in which the plaintiff agrees to pay a certain lump-sum amoun Jun 8, 2012 at 6:38:01 pm
$1.00 Economics The figure given below represents a firm in a market characterized by many buyers and one seller. MC represents the init Jun 8, 2012 at 6:39:11 pm
$1.00 Economics Which of the following is an example of a moral hazard? Jun 8, 2012 at 6:39:27 pm
$1.00 Economics Which of the following activities undertaken by a competitive firm can improve its public relations? Jun 8, 2012 at 6:39:42 pm
$1.00 Economics Which of the following factors affect vertical integration of firms? Jun 8, 2012 at 6:39:53 pm
$1.00 Economics If the costs of negotiating and enforcing contracts are _____ relative to the benefits, buyers and sellers have incentiv Jun 8, 2012 at 6:40:08 pm
$1.00 Economics Which of the following is an example of a non-price provision in an automobile insurance contract that can reduce moral Jun 8, 2012 at 6:40:15 pm
$1.00 Economics Under low-cost contracting like that between beekeepers and farmers, the agreement between the two parties is not self-e Jun 8, 2012 at 6:40:17 pm
$1.00 Economics Which of the following exemplifies inefficient legal assignment of rights with high transaction costs? Jun 8, 2012 at 6:40:27 pm
$1.00 Economics Which of the following is an example of vertical integration? Jun 8, 2012 at 6:40:38 pm
$1.00 Economics Which of the following contracts is considered self-enforcing? Jun 8, 2012 at 6:40:53 pm
$1.00 Economics In which of these situations is vertical integration most likely? Jun 8, 2012 at 6:41:03 pm
$1.00 Economics The problem of _____ can arise when a seller cannot obtain reliable information from buyers Jun 8, 2012 at 6:41:25 pm
$1.00 Economics DTC contracts which prohibit buyers from inspecting diamonds in advance help to minimize: Jun 8, 2012 at 6:41:37 pm
$1.00 Economics When each box in an organization chart contains individuals who specialize in some field, then the activities in the org Jun 8, 2012 at 6:42:05 pm
$1.00 Economics The information to be gathered for a decision depends on which of the following? Jun 8, 2012 at 6:42:17 pm
$1.00 Economics The problem of _____ can arise when a seller cannot obtain reliable information from buyers. Jun 8, 2012 at 6:42:25 pm
$1.00 Economics Orders can lose accuracy: Jun 8, 2012 at 6:42:28 pm
$1.00 Economics A firm that controls both the upstream as well as the downstream stages of production is said to be Jun 8, 2012 at 6:42:37 pm
$1.00 Economics Firms generally prefer not to outsource product design and manufacturing because: Jun 8, 2012 at 6:42:48 pm
$1.00 Economics Which of the following is a possible result of adverse selection? Jun 8, 2012 at 6:43:14 pm
$1.00 Economics Assume that a firm is operating in the short run and all resources are fixed except for labor. The total product curve f Jun 8, 2012 at 6:43:14 pm
$1.00 Economics Which of the following events will cause a downward movement along the value of marginal product of labor curve? Jun 8, 2012 at 6:43:27 pm
$1.00 Economics Which of the following assumptions is made while determining equilibrium wage and labor employed in the economy? Jun 8, 2012 at 6:43:43 pm
$1.00 Economics If two investments, X and Y, have the same expected return an individual investor would prefer: Jun 8, 2012 at 6:43:52 pm
$1.00 Economics Refer to Figure 16-1. Pr[A or B] will be: In the figure given below A and B are two sets, such that Pr[A and B]=1/3, P Jun 8, 2012 at 6:44:03 pm
$1.00 Economics The effects of asymmetric information in the car market can be weakened by: Jun 8, 2012 at 6:44:07 pm
$1.00 Economics A loan used as an investment turns out to be profitable if the sale price of its output covers the _____ of all other in Jun 8, 2012 at 6:44:13 pm
$1.00 Economics An advantage of settling disputes via arbitration rather than court cases is that Jun 8, 2012 at 6:44:27 pm
$1.00 Economics A characteristic function is Jun 8, 2012 at 6:44:36 pm
$1.00 Economics A, B, and C have the following preferences for fruits: A: apples > bananas > peaches > pineapples B: bananas > apples > Jun 8, 2012 at 6:44:50 pm
$1.00 Economics The _____ clause in an insurance policy relieves the insurer of responsibility to pay for policyholder’s losses below a Jun 8, 2012 at 6:44:55 pm
$1.00 Economics According to the theory of propitious selection: Jun 8, 2012 at 6:45:36 pm
$1.00 Economics The figure given below represents a firm in a market characterized by many buyers and one seller. MC represents the i Jun 8, 2012 at 6:46:20 pm
$1.00 Economics 1. Which of the following were discovered in a Federal Trade Commission Study of 8,000 new and used Corvettes sold on eB Jun 8, 2012 at 6:50:45 pm
$1.00 Economics If a purchase contract allows a buyer to accept less than a specified maximum \"take\" each month, buying a _____ would al Jun 8, 2012 at 6:51:30 pm
$1.00 Economics An insurance policy is a contract that: Jun 8, 2012 at 6:52:36 pm
$1.00 Economics Adverse selection can occur if: Jun 8, 2012 at 6:53:36 pm
$1.00 Economics ______ provisions in an insurance policy stipulate that it will pay only a certain percentage of losses claimed by the i Jun 8, 2012 at 6:54:26 pm
$1.00 Economics 1. Which of the following methods could be used by an employer to align the incentives of an employee with its own inter Jun 8, 2012 at 6:54:50 pm
$1.00 Economics Influence cost is a type of _____ incurred while filling positions that have similar responsibilities but carry differen Jun 8, 2012 at 6:55:01 pm
$1.00 Economics _____ allow an individual to buy a company’s stock at a pre-determined price on or after a certain future date Jun 8, 2012 at 6:55:11 pm
$1.00 Economics Which of the following will have a downward impact on efficiency wages? Jun 8, 2012 at 6:55:23 pm
$1.00 Economics Jason is a salesman who gets 40 percent of the revenue he generates for his company. This is an example of payment by __ Jun 8, 2012 at 6:55:36 pm
$1.00 Economics In competitive markets, the elasticity of labor supply is: Jun 8, 2012 at 6:55:47 pm
$1.00 Economics In a principal/agent relationship, _____ can help to reduce the damage caused by a winner’s curse, provided both the par Jun 8, 2012 at 6:55:49 pm
$1.00 Economics In long-term job attachments, a worker’s wage Jun 8, 2012 at 6:55:56 pm
$1.00 Economics A written contract between an employer and an employee creates value as long as: Jun 8, 2012 at 6:56:21 pm
$1.00 Economics Piece rates are used when: Jun 8, 2012 at 6:56:32 pm
$1.00 Economics _____ is an example of specific human capital Jun 8, 2012 at 6:56:45 pm
$1.00 Economics A corporation’s _____ can sometimes influence its decisions without making efforts to replace its management. Jun 8, 2012 at 6:56:47 pm
$1.00 Economics A firm that fills its vacancies in the upper levels of the hierarchy with its own employees Jun 8, 2012 at 6:56:55 pm
$1.00 Economics The country of Zorabia witnesses a huge influx of unskilled illegal immigrants. Which of the following will occur? Jun 8, 2012 at 6:57:06 pm
$1.00 Economics A competitive firm hires workers as long as: Jun 8, 2012 at 6:57:17 pm
$1.00 Economics Which of the following is an example of an institutional investor? Jun 8, 2012 at 6:57:26 pm
$1.00 Economics A(n) _____ is a set of equal annual payments received by an investor from the investment Jun 8, 2012 at 6:57:36 pm
$1.00 Economics Refer to Figure 16-1. The conditional probability Pr[A/B] will be: In the figure given below A and B are two sets, suc Jun 8, 2012 at 6:57:47 pm
$1.00 Economics If A and B are two disjoint sets, and “Pr” represents the probability, then Pr[A or B] will be: Jun 8, 2012 at 6:57:59 pm
$1.00 Economics A situation in which an individual has no information about probabilities and the underlying distributions of the possib Jun 8, 2012 at 6:58:09 pm
$1.00 Economics If events A and B are independent, then Pr[A and B] will be Jun 8, 2012 at 6:58:25 pm
$1.00 Economics A _____ is a combination of an annuity that consists of coupon payments and a terminal payment of the par value Jun 8, 2012 at 6:58:40 pm
$1.00 Economics Which of the following is an advantage of having centralized ownership and responsibility for capital goods? Jun 8, 2012 at 6:58:41 pm
$1.00 Economics The expectation of a random variable X that can take on any of N possible values, Xi with probability Pr[Xi], is denoted Jun 8, 2012 at 6:58:55 pm
$1.00 Economics Which of the following properties can be associated with an indifference curve of a risk-averse investor? Jun 8, 2012 at 6:59:06 pm
$1.00 Economics Which of the following is a characteristic of a real option? Jun 8, 2012 at 6:59:21 pm
$1.00 Economics When a single individual performs all the steps involved in the production process he/she incurs: Jun 8, 2012 at 6:59:27 pm
$1.00 Economics A risky borrower can pay a lower interest rate if Jun 8, 2012 at 6:59:32 pm
$1.00 Economics A derivative is any financial instrument whose value depends on the Jun 8, 2012 at 6:59:43 pm
$1.00 Economics Jeff holds $50,000 wealth which has a utility of 7.07 utils (assuming utility is the square root of wealth in thousand d Jun 8, 2012 at 6:59:53 pm
$1.00 Economics Which of the following strategies are adopted by a business tycoon when the first new management of the purchased compan Jun 8, 2012 at 7:00:04 pm
$1.00 Economics A _____ generally has less understanding of the firm than a manager and has little knowledge that is likely to improve t Jun 8, 2012 at 7:00:31 pm
$1.00 Economics If two small perfectly competitive firms merge, the merged firm will be: Jun 8, 2012 at 7:01:12 pm
$1.00 Economics In a market characterized by many buyers and one seller, investment in informative advertising by a seller can ____ the Jun 8, 2012 at 7:01:29 pm
$1.00 Economics Which of the following could a corporation use to raise its initial operating capital? Jun 8, 2012 at 7:01:40 pm
$1.00 Economics Which of the following activities can create an external cost? Jun 8, 2012 at 7:01:58 pm
$1.00 Economics In a _____ the outsider buys the shares with debt collateralized by its other assets, and sometimes also by the target’s Jun 8, 2012 at 7:02:18 pm
$1.00 Economics Parties to the contract prefer to keep the actual agreement incomplete when Jun 8, 2012 at 7:02:30 pm
$1.00 Economics Which of the following theories states that people who are highly risk-averse are less likely to engage in high-risk act Jun 8, 2012 at 7:02:48 pm
$1.00 Economics Independent workers using specialized capital save the costs of contracting but risk: Jun 8, 2012 at 7:02:57 pm
$1.00 Economics A corporation’s _____ can sometimes influence its decisions without making efforts to replace its management Jun 8, 2012 at 7:03:16 pm
$1.00 Economics Which of the following properties is common to a partnership business? Jun 8, 2012 at 7:03:32 pm
$1.00 Economics _____ is a property which distinguishes corporations from proprietorships and partnerships. Jun 8, 2012 at 7:03:50 pm
$1.00 Economics Which of the following is a disadvantage of the U-form structure? Jun 8, 2012 at 7:03:50 pm
$1.00 Economics _____ is the only type of firm where it is possible for a person to hold all of the information that matters for all typ Jun 8, 2012 at 7:04:05 pm
$1.00 Economics If the owners of different types of resources, which are combined to produce an output, agree on organizational relation Jun 8, 2012 at 7:04:37 pm
$1.00 Economics Identify the correct statement about relationships depicted in an organization chart Jun 8, 2012 at 7:04:42 pm
$1.00 Economics Which of the following changes can facilitate the transfer or outsourcing of formerly internal activities of a firm? Jun 8, 2012 at 7:05:03 pm
$1.00 Economics Which of the following properties is common to a partnership business? Jun 8, 2012 at 7:05:21 pm
$1.00 Economics Successive monopolies face the problem of: Jun 8, 2012 at 7:05:22 pm
$1.00 Economics The _____ of using the market for corporate control make it important to build incentives into executive pay packages th Jun 8, 2012 at 7:06:15 pm
$1.00 Economics Over the long run, migration by workers to higher-wage regions Jun 8, 2012 at 7:06:29 pm
$1.00 Economics f A and B are two disjoint sets, and “Pr” represents the probability, then Pr[A and B] will be Jun 8, 2012 at 7:06:44 pm
$1.00 Economics Assets whose returns have a high positive correlation are considered: Jun 8, 2012 at 7:06:56 pm
$1.00 Economics Two events A and B in a sample space are considered _____ if the probability that A will happen is the same regardless o Jun 8, 2012 at 7:06:59 pm
$1.00 Economics If the writer of an option, holds shares of the stock or an actual quantity of the commodity when she writes the call op Jun 8, 2012 at 7:07:13 pm
$1.00 Economics Alex’s production is worth $60, Harry’s is worth $40, Rob’s is worth $40, and Julia’s is worth $55. They decide to combi Jun 8, 2012 at 7:07:30 pm
$1.00 Economics An outside organization trying to gain control of a corporation offers a _____ by announcing its intent to purchase up t Jun 8, 2012 at 7:07:39 pm
$1.00 Economics Elizabeth’s opportunity cost of selling a widget is $18, while Jess values it at $27. Identify the correct statement fro Jun 8, 2012 at 7:07:58 pm
$1.00 Economics A _____ requires workers to comply with orders from a boss, who need not consult them when making decisions, and to be p Jun 8, 2012 at 7:08:24 pm
$1.00 Economics In which of the following areas are partnerships common? Jun 8, 2012 at 7:09:20 pm
$1.00 Economics The general health of the population of a country improves as its medical support system improves. Which of the followin Jun 8, 2012 at 7:13:08 pm
$1.00 Economics A firm that fills its vacancies in the upper levels of the hierarchy with its own employees Jun 8, 2012 at 7:13:44 pm
$1.00 Economics In which of the following cases is the employment relationship between the employee and the employer likely to resemble Jun 8, 2012 at 7:14:09 pm
$1.00 Economics _____ allow an individual to buy a company’s stock at a pre-determined price on or after a certain future date. Jun 8, 2012 at 7:14:32 pm
$1.00 Economics Which of the following will have a downward impact on efficiency wages? Jun 8, 2012 at 7:15:25 pm
$1.00 Economics Lisa’s hourly pay increases from $8 to $10 as her performance improves. We can conclude that: Jun 8, 2012 at 7:15:54 pm
$1.00 Economics Which of the following methods could be used by an employer to align the incentives of an employee with its own interest Jun 8, 2012 at 7:17:50 pm
$1.00 Economics Options are less than perfect as instruments to induce better performance because: Jun 8, 2012 at 7:18:29 pm
$1.00 Economics Rational individuals prefer to consume goods during the current year rather than in the future because of Jun 8, 2012 at 7:18:49 pm
$1.00 Economics If the market price of an option just before its expiration is $33 while its strike price is $29, arbitrage will determi Jun 8, 2012 at 7:19:14 pm
$1.00 Economics The _____ measures the degree of association between two independent variables in an a distribution Jun 8, 2012 at 7:19:30 pm
$1.00 Economics Individuals in favor of privatization of Social Security believe that it would allow people to Jun 8, 2012 at 7:20:01 pm
$1.00 Economics A _____ is a function that takes on a defined value for every point in the sample space Jun 8, 2012 at 7:20:18 pm
$1.00 Economics Which of the following options can be exercised upon expiration at a price equal to the average price of the underlying Jun 8, 2012 at 7:20:38 pm
$1.00 Economics Which of the following is a fundamental purpose of the statement of cash flows? To report the To report the inflows of Jun 8, 2012 at 7:22:34 pm
$1.00 Economics Which of the following situations would best indicate strong company performance? Jun 8, 2012 at 7:22:52 pm
$1.00 Economics The sale of equipment is a financing activity. True False Jun 8, 2012 at 7:23:02 pm
$1.00 Economics Magnum Company reports 2007 net income of $20,000; depreciation expense of $3,000; an increase in accounts receivable du Jun 8, 2012 at 7:23:13 pm
$1.00 Economics Indicate whether the transaction is an operating activity, a financing activity, or an investing activity. Assume all pu Jun 8, 2012 at 7:23:23 pm
$1.00 Economics Under which format(s) of the statement of cash flows would you expect to find a line titled \"Depreciation Expense\"? Dir Jun 8, 2012 at 7:23:35 pm
$1.00 Economics A company\'s net income and operating cash flow are ____ equal. never seldom approximately always Jun 8, 2012 at 7:23:45 pm
$1.00 Economics Sonny\'s Liquors, Inc. had the following cash flows during March: Paid for inventory $ 20,000 Paid wages to employees Jun 8, 2012 at 7:24:07 pm
$1.00 Economics Which of the following sections of the cash flow statement differs between the direct and indirect formats? financing Jun 8, 2012 at 7:24:19 pm
$1.00 Economics Which of the following best describes the purpose of the statement of cash flows? Jun 8, 2012 at 7:24:44 pm
$1.00 Economics Marginal product of labor is: Jun 8, 2012 at 7:24:58 pm
$1.00 Economics Which of the following is a TRUE statement regarding the operating activities section of the statement of cash flows whe Jun 8, 2012 at 7:25:06 pm
$1.00 Economics Red River Manufacturing reported a substantial net loss for the most recent accounting period. Its net cash flows for th Jun 8, 2012 at 7:25:46 pm
$1.00 Economics Sales on account for the year totaled $200,000. The following information is also available from the accounting system: Jun 8, 2012 at 7:26:01 pm
$1.00 Economics A statement of cash flows has been prepared. The sum of the three major components (operating activities, investing acti Jun 8, 2012 at 7:26:20 pm
$1.00 Economics In the long run, a firm must depend on its operating activities to meet most of its cash flow needs. Jun 8, 2012 at 7:26:34 pm
$1.00 Economics Decreases in current liability accounts are added to net income in computing cash flows from operating activities, using Jun 8, 2012 at 7:26:57 pm
$1.00 Economics Which of the following best describes the purpose of the statement of cash flows? Jun 8, 2012 at 7:27:15 pm
$1.00 Economics Cash outflow from financing activities may indicate that Jun 8, 2012 at 7:27:36 pm
$1.00 Economics Differences between the direct format and indirect format of the statement of cash flows are found in which section(s) o Jun 8, 2012 at 7:27:51 pm
$1.00 Economics The difference between opportunity cost of the sellers and the valuation of the buyers is known as: Jun 8, 2012 at 7:29:49 pm
$1.00 Economics Which of the following is considered per se illegal under the U.S. antitrust law? Jun 8, 2012 at 7:30:09 pm
$1.00 Economics Wal-Mart’s store managers have the authority to stock items and price them to satisfy localized demand. Which of the fol Jun 8, 2012 at 7:30:19 pm
$1.00 Economics Which of the following is an example of a one-time investment made by a seller to reduce the transaction cost on all uni Jun 8, 2012 at 7:30:38 pm
$1.00 Economics Which of the following is a reason behind Wal-Mart’s success? Jun 8, 2012 at 7:30:49 pm
$1.00 Economics Which of the following contracts contain vertical restrictions that limit the transacting parties’ choices but create ec Jun 8, 2012 at 7:31:00 pm
$1.00 Economics In a market characterized by many sellers, assume that transaction costs for both buyers and sellers are both costlessly Jun 8, 2012 at 7:31:12 pm
$1.00 Economics In a market characterized by many sellers, if an outsider devises a way to reduce transaction costs it will: Jun 8, 2012 at 7:31:34 pm
$1.00 Economics Which of the following is an example of a durable strategy undertaken by firms to prevent competition? Jun 8, 2012 at 7:31:44 pm
$1.00 Economics A firm’s resource at a given point in time can be defined as: Jun 8, 2012 at 7:31:54 pm
$1.00 Economics Temporary discounts offered to customers by competitive retailers usually reflect: Jun 8, 2012 at 7:32:03 pm
$1.00 Economics Under which of the following situations would a seller prefer to incur the cost of improving the product quality? Jun 8, 2012 at 7:32:12 pm
$1.00 Economics Refer to Figure 8-6. Determine the profit earned by the perfume monopolist if it chooses to hire a retailer for selling Jun 8, 2012 at 7:32:58 pm
$1.00 Economics In a market characterized by a single seller and many buyers, a seller’s investment to reduce transaction costs can lead Jun 8, 2012 at 7:33:11 pm
$1.00 Economics Value-creating contracts require underlying laws that: Jun 8, 2012 at 7:33:36 pm
$1.00 Economics In a society, if negotiation among parties leads to a politically unsatisfactory distribution of income: Jun 8, 2012 at 7:33:47 pm
$1.00 Economics Which of the following may require the parties to renegotiate certain parts of a contract if market conditions change dr Jun 8, 2012 at 7:34:06 pm
$1.00 Economics Which of the following contracts is considered self-enforcing? Jun 8, 2012 at 7:34:18 pm
$1.00 Economics Which of the following can be a signal of product quality to customers? Jun 8, 2012 at 7:34:35 pm
$1.00 Economics Which of the following is an example of an institutional investor? Jun 8, 2012 at 7:35:01 pm
$1.00 Economics Any form of wealth held by a sole proprietor will be factored into the terms of the loans she receives because: Jun 8, 2012 at 7:35:16 pm
$1.00 Economics Which of the following was a consequence of the financial revolution which drastically changed risk management in the 19 Jun 8, 2012 at 7:35:27 pm
$1.00 Economics A matrix form is more likely to be found in organizations which: Jun 8, 2012 at 7:35:45 pm
$1.00 Economics Which of the following exemplifies an opportunistic behavior by a franchisor arising out of incompleteness or ambiguity Jun 8, 2012 at 7:35:56 pm
$1.00 Economics Iron mining, coal mining, and coke production constitute the _____ steps in steel making. Jun 8, 2012 at 7:36:12 pm
$1.00 Economics Diversification of a portfolio leads to: Jun 8, 2012 at 7:36:42 pm
$1.00 Economics A characteristic function is: Jun 8, 2012 at 7:36:58 pm
$1.00 Economics Terry wants to sell his car and the lowest price he is willing to accept is $3,000. Alice likes the car and is willing t Jun 8, 2012 at 7:37:08 pm
$1.00 Economics A private good is: Jun 8, 2012 at 7:37:20 pm
$1.00 Economics Suppose the cost of producing cellular phones declines from $25 to $20. If buyers’ valuations remain fixed at $30, the t Jun 8, 2012 at 7:38:18 pm
$1.00 Economics Refer to Figure 8-1. If the firm purchases a new machinery which produces fewer defective units of output using the same Jun 8, 2012 at 7:38:43 pm
$1.00 Economics Food retailers usually do not compete on which of the following factors? Jun 8, 2012 at 7:39:07 pm
$1.00 Economics In order to be successful as an innovator, a firm may require: Jun 8, 2012 at 7:39:20 pm
$1.00 Economics Refer to Figure 8-2. Suppose the adoption of a new technology lowers the cost of production while the buyer’s valuation Jun 8, 2012 at 7:40:08 pm
$1.00 Economics According to Coasian reasoning, if negotiation is costless: Jun 8, 2012 at 7:40:25 pm
$1.00 Economics NetJets, which is the first time-share program for aircraft, cuts transaction costs by: Jun 8, 2012 at 7:40:57 pm
$1.00 Economics Which of the following is an example of a possessory property right? Jun 8, 2012 at 7:41:08 pm
$1.00 Economics Investments that are specific to a relationship (i.e. of lower value elsewhere) are considered risky and require: Jun 8, 2012 at 7:41:18 pm
$1.00 Economics Lawyer Ayres and economist Levitt considered the net benefits of installing a LoJack from the society’s standpoint posit Jun 8, 2012 at 7:41:29 pm
$1.00 Economics Provisions that allow the contract price of a commodity to change with changes in its market price are referred to as: Jun 8, 2012 at 7:41:56 pm
$1.00 Economics Refer to Table 10-1. Under expectation damages, Frasel’s breach of the contract would lower his net payoff to: The mat Jun 8, 2012 at 7:42:26 pm
$1.00 Economics According to the Coase theorem, if transactions and negotiations are costless: Jun 8, 2012 at 7:43:03 pm
$1.00 Economics People’s abilities to bear risk increases with: Jun 8, 2012 at 7:43:14 pm
$1.00 Economics Which of the following actions can prevent migration of individuals from one health insurance policy to another? Jun 8, 2012 at 7:43:37 pm
$1.00 Economics Which of the following is an example of incomplete information? Jun 8, 2012 at 7:43:57 pm
$1.00 Economics _____ is a property which distinguishes corporations from proprietorships and partnerships. Jun 8, 2012 at 7:44:47 pm
$1.00 Economics A corporation’s _____ can sometimes influence its decisions without making efforts to replace its management. Jun 8, 2012 at 7:45:17 pm
$1.00 Economics A _____ generally has less understanding of the firm than a manager and has little knowledge that is likely to improve t Jun 8, 2012 at 7:45:55 pm
$1.00 Economics Categorization of activities in an organization along product or geographic lines is called: Jun 8, 2012 at 7:46:18 pm
$1.00 Economics The late business historian Alfred Chandler blamed Britain’s competitive difficulties in the early twentieth century on: Jun 8, 2012 at 7:46:31 pm
$1.00 Economics In which of the following cases will centralization of decision making be appropriate? Jun 8, 2012 at 7:46:42 pm
$1.00 Economics Centralization of decision-making in a firm is a good idea when: Jun 8, 2012 at 7:46:56 pm
$1.00 Economics The method of payment that a principal can use to elicit effort from an agent is called: Jun 8, 2012 at 7:47:11 pm
$1.00 Economics An information is beneficial to the decision-maker only when: Jun 8, 2012 at 7:47:21 pm
$1.00 Economics Each of the following can explain why an order could not been carried out as intended, EXCEPT: Jun 8, 2012 at 7:47:35 pm
$1.00 Economics Joanne can choose to selectively disclose information to her superiors in an attempt to elicit decisions in her favor if Jun 8, 2012 at 7:47:49 pm
$1.00 Economics The invention of the Bessemer converter in 1856: Jun 8, 2012 at 7:48:15 pm
$1.00 Economics _____ and _____ are major factors in de-integration, which act in opposite directions. Jun 8, 2012 at 7:48:29 pm
$1.00 Economics U.S. Steel considers the iron ore market thin because of: Jun 8, 2012 at 7:48:40 pm
$1.00 Economics _____ improves exchangeability, and reduces the cost of obtaining information about a good and about the parties involve Jun 8, 2012 at 7:48:49 pm
$1.00 Economics Although U.S. Steel is integrated into iron ore mining, it currently does not own any of the mines that supply its cokin Jun 8, 2012 at 7:48:58 pm
$1.00 Economics Which of the following properties is seen in a buy-sell transaction arranged by a pipeline? Jun 8, 2012 at 7:49:40 pm
$1.00 Economics _____, uncertainty, and risk of opportunism are the three major reasons due to which U.S. Steel prefers to own its mines Jun 8, 2012 at 7:49:51 pm
$1.00 Economics _____ is a monthly payment made by a franchisee to the franchisor usually a certain percentage of the former’s gross rev Jun 8, 2012 at 7:50:03 pm
$1.00 Economics Marginal product of labor is: Jun 8, 2012 at 7:50:15 pm
$1.00 Economics _____ allow an individual to buy a company’s stock at a pre-determined price on or after a certain future date. Jun 8, 2012 at 7:50:26 pm
$1.00 Economics _____ represents a firm’s demand curve for labor. Jun 8, 2012 at 7:51:20 pm
$1.00 Economics The variance of a distribution increases more than proportionately with the spread of the distribution because: Jun 8, 2012 at 7:52:03 pm
$1.00 Economics A(n) _____ is a set of equal annual payments received by an investor from the investment. Jun 8, 2012 at 7:52:19 pm
$1.00 Economics A derivative is any financial instrument whose value depends on the: Jun 8, 2012 at 7:52:31 pm
$1.00 Economics The nominal interest rate on a loan with an annual inflation rate of π and a real interest rate i is represented as: Jun 8, 2012 at 7:52:47 pm
$1.00 Economics If events A and B are independent, then Pr[A and B] will be: Jun 8, 2012 at 7:52:57 pm
$1.00 Economics The value of a real option varies with all of the following, EXCEPT: Jun 8, 2012 at 7:53:07 pm
$1.00 Economics _____ represents a firm’s demand curve for labor. Jun 8, 2012 at 7:54:33 pm
$1.00 Economics A written contract between an employer and an employee creates value as long as: Jun 8, 2012 at 7:54:48 pm
$1.00 Economics Which of the following is a cost borne by an employee? Jun 8, 2012 at 7:54:57 pm
$1.00 Economics An important distinction between the labor market and the market for commodities is: Jun 8, 2012 at 7:55:08 pm
$1.00 Economics Options are less than perfect as instruments to induce better performance because: Jun 8, 2012 at 7:55:17 pm
$1.00 Economics In long-term job attachments, a worker’s wage: Jun 8, 2012 at 7:55:26 pm
$1.00 Economics A firm that fills its vacancies in the upper levels of the hierarchy with its own employees: Jun 8, 2012 at 7:55:35 pm
$1.00 Economics If A and B are two disjoint sets, and “Pr” represents the probability, then Pr[A and B] will be Jun 8, 2012 at 7:57:24 pm
$1.00 Economics A disadvantage of options as instruments of performance-related rewards is: Jun 8, 2012 at 8:02:26 pm
$1.00 Economics A firm that fills its vacancies in the upper levels of the hierarchy with its own employees: Jun 8, 2012 at 8:03:47 pm
$1.00 Economics Which of the following will have a downward impact on efficiency wages? Jun 8, 2012 at 8:05:01 pm
$25.00 Business Healthcare Marketing in International Perspective Case Study 12.2 Jun 8, 2012 at 8:19:18 pm
$1.00 Economics Jason is a salesman who gets 40 percent of the revenue he generates for his company. This is an example of payment by __ Jun 8, 2012 at 8:53:13 pm
$1.00 Economics Jason is a salesman who gets 40 percent of the revenue he generates for his company. This is an example of payment by __ Jun 8, 2012 at 8:54:55 pm
$1.00 Economics A firm that fills its vacancies in the upper levels of the hierarchy with its own employees: Jun 8, 2012 at 8:56:04 pm
$1.00 Economics Andrea invests $20,000 in tuition fees for her three years of college education. Had she worked those three years, she c Jun 10, 2012 at 12:07:46 pm
$1.00 Economics _____ have the ability to recognize constraints and may choose to incur the costs of altering them. Jun 10, 2012 at 12:58:26 pm
$1.00 Economics When an economy’s limited resources are moved into the production of one commodity, the production of a valuable alterna Jun 10, 2012 at 12:58:56 pm
$1.00 Economics Decision makers who try their best for rationality but are constrained by limited information and processing abilities a Jun 10, 2012 at 12:59:21 pm
$1.00 Economics It has been observed that people surveyed shortly after major air crashes estimate higher probabilities that a given fli Jun 10, 2012 at 1:01:26 pm
$1.00 Economics Publicly available data on production costs and box office revenues reflect that: Jun 10, 2012 at 1:02:28 pm
$1.00 Economics A car owner who has agreed to sell his old car to a buyer at a contracted price will be unable to accept the price offer Jun 10, 2012 at 1:02:37 pm
$1.00 Economics Since people’s incomes are limited and their abilities to borrow differ they face _____ constraints. Jun 10, 2012 at 1:03:11 pm
$1.00 Economics _____ are an institution where the protocols may determine a _____ and the expected revenue of the seller. Jun 10, 2012 at 1:03:50 pm
$1.00 Economics In the example of Ireland described in the text, the country’s production set shifted outward over time because: Jun 10, 2012 at 1:04:08 pm
$1.00 Economics Megan, an analyst in Ronald’s team called in sick on a day when 4 projects were due for completion. Ronald divided Megan Jun 10, 2012 at 1:04:39 pm
$1.00 Economics The main reason Sears Roebuck became the largest retailer in the United States during the late nineteenth century was th Jun 10, 2012 at 1:04:58 pm
$1.00 Economics Reducing _____ the benefits available to the buyer and seller and might also enable them to make exchanges that were pre Jun 10, 2012 at 1:05:28 pm
$1.00 Economics The economic value which can be created by a transaction between two people, Ed (seller) and Luis (buyer), is $50 as Ed’ Jun 10, 2012 at 1:05:52 pm
$1.00 Economics The shares of the economic value of a particular transaction that accrues to the seller and the buyer depend on: Jun 10, 2012 at 1:06:35 pm
$1.00 Economics An exchange will take place between two parties as long as: Jun 10, 2012 at 1:07:03 pm
$1.00 Economics What matters in Economics is: Jun 10, 2012 at 1:07:28 pm
$1.00 Economics In a “pure exchange” market: Jun 10, 2012 at 1:07:51 pm
$1.00 Economics An affordable housing law will affect a city’s housing prices only if: Jun 10, 2012 at 1:08:10 pm
$1.00 Economics Starting from a pure exchange equilibrium, an increase in the demand for a commodity will result in: Jun 10, 2012 at 1:08:29 pm
$1.00 Economics The contact points where the terms of forward contracts are set are known as: Jun 10, 2012 at 1:09:00 pm
$1.00 Economics A demand curve is said to be inelastic if: Jun 10, 2012 at 1:09:26 pm
$1.00 Economics The supply curve of a producer, whose costs vary continuously with output will be: Jun 10, 2012 at 1:09:44 pm
$1.00 Economics The demand for a commodity is said to perfectly inelastic when: Jun 10, 2012 at 1:10:09 pm
$1.00 Economics The demand for a commodity is said to perfectly inelastic when: Jun 10, 2012 at 1:11:06 pm
$1.00 Economics Suppose the adoption of a new software reduces the marginal cost of publishing books. For a given demand curve for books Jun 10, 2012 at 1:13:49 pm
$1.00 Economics A surplus can exist in the market only if there is: Jun 10, 2012 at 1:14:06 pm
$1.00 Economics The own-price elasticity of demand is defined as: Jun 10, 2012 at 1:14:26 pm
$1.00 Economics Bankers supported the Federal Reserve Board’s Regulation Q because: Jun 10, 2012 at 1:14:48 pm
$1.00 Economics Which of the following commodities can be considered as an inferior good? Jun 10, 2012 at 1:15:10 pm
$1.00 Economics An increase in the supply of oranges in a town drives down its price by 5 percent. Which of the following changes will b Jun 10, 2012 at 1:15:27 pm
$1.00 Economics Suppose a commodity market is initially in equilibrium. An increase in the nation’s skilled labor force then lowers the Jun 10, 2012 at 1:15:51 pm
$1.00 Economics The introduction of new technology and changes in organization are: Jun 10, 2012 at 1:16:16 pm
$1.00 Economics Refer to Figure 4-2. What does the area ABCD signify? Figure 4-2 The following figure shows the cost curves of a fir Jun 10, 2012 at 1:16:43 pm
$1.00 Economics Investments with _____ risk usually carry a _____ return. Jun 10, 2012 at 1:17:44 pm
$1.00 Economics A manufacturer of towels finds that his returns to scale are constant. Which of the following conclusions can be drawn? Jun 10, 2012 at 1:18:07 pm
$1.00 Economics Refer to Figure 4-1. If the firm produces 2,000 dolls per month when the market price is $4: Figure 4-1 The followin Jun 10, 2012 at 1:18:23 pm
$1.00 Economics You decide that it is time to buy a big family car. The opportunity cost you consider is: Jun 10, 2012 at 1:18:56 pm
$1.00 Economics In an industry, when the cost curve of a firm is upward sloping at low levels of output relative to the market, it impli Jun 10, 2012 at 1:19:14 pm
$1.00 Economics At outputs less than the minimum of average variable cost: Jun 10, 2012 at 2:51:29 pm
$1.00 Economics If the slope of the rays from the origin to the total variable cost curve declines along the curve, it implies: Jun 10, 2012 at 2:51:47 pm
$1.00 Economics A firm uses two inputs, labor (L) and capital (K) in the production of umbrellas. It can invest $50,000 in the purchase Jun 10, 2012 at 2:52:08 pm
$1.00 Economics Isoquants reflect the fact that in the long run: Jun 10, 2012 at 2:52:27 pm
$1.00 Economics An isocost line depicts: Jun 10, 2012 at 2:52:48 pm
$1.00 Economics The gap between average total cost and average variable cost: Jun 10, 2012 at 2:53:08 pm
$1.00 Economics _____ gives the slope of an isocost line where labor (L) and capital (K) are the two inputs measured on the X and Y axes Jun 10, 2012 at 2:53:29 pm
$1.00 Economics Refer to Figure 4-3. Identify the least-cost combinations of fertilizers A and B for producing 200 tons of corn. Figu Jun 10, 2012 at 2:53:50 pm
$1.00 Economics Assume that the world price of Good A is $8 per unit while its domestic price is $6, and the marginal cost incurred by d Jun 10, 2012 at 2:54:16 pm
$1.00 Economics Refer to Figure 5-1. Which of the following points represents the long-run equilibrium price-output combination? In t Jun 10, 2012 at 2:54:40 pm
$1.00 Economics If the long-run market supply curve is perfectly elastic, a decrease in variable cost will: Jun 10, 2012 at 2:55:03 pm
$1.00 Economics Refer to Figure 5-3. What will be the shape of the long-run supply curve of land suitable for corn farming? In the fi Jun 10, 2012 at 2:55:24 pm
$1.00 Economics Assume that the government of a nation prohibits producers from extracting crude oil from some domestic oil fields. Whic Jun 10, 2012 at 2:55:46 pm
$1.00 Economics Which of the following conditions define a perfectly competitive market? Jun 10, 2012 at 2:56:34 pm
$1.00 Economics Which of the following is true in a perfectly competitive market? Jun 10, 2012 at 2:56:57 pm
$1.00 Economics A set of producers is competitive if: Jun 10, 2012 at 2:57:18 pm
$1.00 Economics Economists consider the model of perfect competition useful because: Jun 10, 2012 at 2:57:38 pm
$1.00 Economics Refer to Figure 5-3. What will be the shape of the long-run supply curve of land suitable for corn farming? In the fi Jun 10, 2012 at 2:58:04 pm
$1.00 Economics Suppose beer producers in Munich became aware of the low price of one barrel of beer in the domestic market relative to Jun 10, 2012 at 2:59:08 pm
$1.00 Economics The economists of the Federal Trade Commission suggested rejection of Coke’s merger with Dr. Pepper as it could: Jun 10, 2012 at 2:59:29 pm
$1.00 Economics Which of the following conditions define the short-run for any industry? Jun 10, 2012 at 3:00:04 pm
$1.00 Economics If there are only a few producers of substitutes for Good X, a merger between producers of Good X and any one of them co Jun 10, 2012 at 3:01:11 pm
$1.00 Economics In a perfectly competitive market, the demand curve faced by each firm is: Jun 10, 2012 at 3:01:32 pm
$1.00 Economics You and your friend go out shopping for television sets for your respective apartments. You find the one you want to buy Jun 10, 2012 at 3:01:49 pm
$1.00 Economics Refer to Figure 6-4. What price will the monopolist charge when its marginal cost shifts from C to C’? The following Jun 10, 2012 at 3:02:19 pm
$1.00 Economics In the small country of Talisman, the liquor industry is monopolized by a single producer Best Drinks Inc. Best Drinks c Jun 10, 2012 at 3:03:07 pm
$1.00 Economics _____ is the practice of using extra resources to compete for obtaining monopoly, and leads to _____. Jun 10, 2012 at 3:03:30 pm
$1.00 Economics Refer to Figure 6-2. What is the consumer surplus under monopoly? A group of firms in competitive market produced 20 Jun 10, 2012 at 3:04:00 pm
$1.00 Economics Bundling of products becomes _____, if the valuations of different customer groups are _____. Jun 10, 2012 at 3:04:21 pm
$1.00 Economics Refer to Figure 6-3. What is the monopolist’s revenue when he incurs a marginal cost of $2 per unit? The following fi Jun 10, 2012 at 3:04:48 pm
$1.00 Economics The total revenue curve of a monopolist is: Jun 10, 2012 at 3:05:21 pm
$1.00 Economics Refer to Figure 6-5. If the profit maximizing monopolist does not practice discrimination, what uniform price will he ch Jun 10, 2012 at 3:05:49 pm
$1.00 Economics Which of the following is a possible explanation for the fall in prices after an industry is monopolized by combining a Jun 10, 2012 at 3:06:14 pm
$1.00 Economics Refer to Figure 6-1. Which of the following conclusions can be drawn from this figure? The following figure shows the Jun 10, 2012 at 3:06:39 pm
$1.00 Economics Refer to Figure 6-7. What is the maximum cover charge that the amusement park can levy on consumers whose demand curve i Jun 10, 2012 at 3:07:06 pm
$1.00 Economics The demand curve faced by a perfectly competitive firm is: Jun 10, 2012 at 3:07:29 pm
$1.00 Economics Refer to Table 6-1. Identify the profit maximizing production level for this monopolist. The following table shows th Jun 10, 2012 at 3:07:48 pm
$1.00 Economics Since people’s incomes are limited and their abilities to borrow differ they face _____ constraints. Jun 10, 2012 at 3:08:06 pm
$1.00 Economics Which of the following is a root cause behind competition inherent in every society? Jun 10, 2012 at 3:08:27 pm
$1.00 Economics Measuring important concepts in economics is difficult and some important economic phenomena are still beyond the unders Jun 10, 2012 at 3:08:49 pm
$1.00 Economics If the transaction between you and the seller takes place at a price that equals your valuation of the product, then: Jun 10, 2012 at 3:09:11 pm
$1.00 Economics Reducing _____ the benefits available to the buyer and seller and might also enable them to make exchanges that were pre Jun 10, 2012 at 3:09:26 pm
$1.00 Economics In the example of Ireland described in the text, the country’s production set shifted outward over time because: Jun 10, 2012 at 3:27:04 pm
$1.00 Economics For an inferior good: Jun 10, 2012 at 3:27:23 pm
$1.00 Economics A tradesman who purchases diamonds in a country where the price is low and sells them in another country where the price Jun 10, 2012 at 3:27:46 pm
$1.00 Economics Refer to Figure 4-2. What does the area ABCD signify? Figure 4-2 The following figure shows the cost curves of a fir Jun 10, 2012 at 3:28:10 pm
$1.00 Economics A firm’s cost can decrease for each of the following reasons, EXCEPT: Jun 10, 2012 at 3:28:30 pm
$1.50 Economics Correct Answer Jun 13, 2012 at 2:17:04 pm
$1.00 Economics At outputs less than the minimum of average variable cost: Jun 10, 2012 at 3:30:16 pm
$1.00 Economics Which of the following conditions define the short-run for any industry? Jun 10, 2012 at 3:30:43 pm
$1.00 Economics If the long-run market supply curve is perfectly elastic, a decrease in variable cost will: Jun 10, 2012 at 3:31:15 pm
$1.00 Economics A monopolist can: Jun 10, 2012 at 3:31:38 pm
$1.00 Economics Tying products can be a profitable strategy for facilitating price discrimination only when: Jun 10, 2012 at 3:31:58 pm
$1.00 Economics Refer to Figure 7-2. If the two producers agree to act as a single monopoly firm, what will be the total output produced Jun 10, 2012 at 3:32:32 pm
$1.00 Economics Assume that in a price-fixing game, if Player A breaks the agreement in the first year, she earns $11 while Player B ear Jun 10, 2012 at 3:33:00 pm
$1.00 Economics If the supply curve of the fringe in the oligopoly market is highly elastic: Jun 10, 2012 at 3:33:25 pm
$1.00 Economics Refer to Figure 7-1. Assume that in the long run new firms enter the market lowering the total cost incurred by the frin Jun 10, 2012 at 3:33:59 pm
$1.00 Economics Refer to Table 7-1. The matrix shown in this table is known as the: The following matrix represents the payoffs to tw Jun 10, 2012 at 3:34:23 pm
$1.00 Economics In an oligopoly market with a dominant firm and a competitive fringe, if market demand is _____, the market price will b Jun 10, 2012 at 3:34:44 pm
$1.00 Economics In a market characterized by a single seller and many buyers, a seller’s investment to reduce transaction costs can lead Jun 10, 2012 at 3:35:05 pm
$1.00 Economics Refer to Figure 8-5. Calculate the value of the deadweight loss resulting from the horizontal merger? The figure give Jun 10, 2012 at 3:35:50 pm
$1.00 Economics Food retailers usually do not compete on which of the following factors? Jun 10, 2012 at 3:36:14 pm
$1.00 Economics Which of the following is an example of a one-time investment made by a seller to reduce the transaction cost on all uni Jun 10, 2012 at 3:36:51 pm
$1.00 Economics Under a _____, the assets of two firms that operate in the same market are put under a single ownership. Jun 10, 2012 at 3:37:12 pm
$1.00 Economics Which of the following is an example of a durable strategy undertaken by firms to prevent competition? Jun 10, 2012 at 3:37:30 pm
$1.00 Economics Refer to Figure 8-6. Determine the profit earned by the perfume monopolist if it chooses to hire a retailer for selling Jun 10, 2012 at 3:37:55 pm
$1.00 Economics Refer to Figure 8-5. What is the net benefit of the merger? The figure given below represents a perfectly competitive Jun 10, 2012 at 3:38:19 pm
$1.00 Economics Temporary discounts offered to customers by competitive retailers usually reflect: Jun 10, 2012 at 3:39:04 pm
$1.00 Economics Suppose the cost of producing cellular phones declines from $25 to $20. If buyers’ valuations remain fixed at $30, the t Jun 10, 2012 at 3:39:12 pm
$1.00 Economics Refer to Figure 8-3. Suppose the seller incurs an additional cost of $1 per unit of output to reduce the transaction cos Jun 10, 2012 at 3:39:40 pm
$1.00 Economics Which of the following is a reason behind Wal-Mart’s success? Jun 10, 2012 at 3:40:03 pm
$1.00 Economics A firm’s resource at a given point in time can be defined as: Jun 10, 2012 at 3:40:21 pm
$1.00 Economics Which of the following exemplifies an intangible durable strategy used by firms to prevent competition? Jun 10, 2012 at 3:40:42 pm
$1.00 Economics Which of the following factors affect vertical integration of firms? Jun 10, 2012 at 3:41:00 pm
$1.00 Economics Under low-cost contracting like that between beekeepers and farmers, the agreement between the two parties is not self-e Jun 10, 2012 at 3:41:20 pm
$1.00 Economics An externality can occur when: Jun 10, 2012 at 3:41:41 pm
$1.00 Economics The _____ is both a forum where farmers decide what their dues will purchase, and an organization that informally coerce Jun 10, 2012 at 3:42:05 pm
$1.00 Economics Which of the following is an example of an obligation associated with a right? Jun 10, 2012 at 3:42:19 pm
$1.00 Economics Which of the following is an example of a possessory property right? Jun 10, 2012 at 3:42:37 pm
$1.00 Economics Farmers can avoid the free rider problem associated with the benefits received from beekeepers by: Jun 10, 2012 at 3:43:10 pm
$1.00 Economics Assume that the market for executive travel is perfectly competitive. If the availability of time-sharing reduces transa Jun 10, 2012 at 3:43:36 pm
$1.00 Economics Which of the following was an outcome of uncoordinated oil drilling in Huntington Beach, California? Jun 10, 2012 at 3:43:53 pm
$1.00 Economics Inclusive property rights provide an investor: Jun 10, 2012 at 3:44:12 pm
$1.00 Economics Which of the following remedies can be used to prevent the beekeeper and the farmer from breaking the contract? Jun 10, 2012 at 3:44:54 pm
$1.00 Economics Government has the power to reduce the _____ associated with air pollution by automobiles because it can force changes i Jun 10, 2012 at 3:45:11 pm
$1.00 Economics The _____ gives a hunter ownership rights on a bird killed by him while it was flying over his property. Jun 10, 2012 at 3:45:34 pm
$1.00 Economics Value-creating contracts require underlying laws that: Jun 10, 2012 at 3:45:57 pm
$1.00 Economics Lawyer Ayres and economist Levitt considered the net benefits of installing a LoJack from the society’s standpoint posit Jun 10, 2012 at 3:46:18 pm
$1.00 Economics Which of the following investments can be classified as specific assets? Jun 10, 2012 at 3:48:15 pm
$1.00 Economics Which of the following can be classified as a highly specific asset? Jun 10, 2012 at 3:48:38 pm
$1.00 Economics Assume that James owns a wheat farm that produces an annual crop of 500 bushels. His only choice is to store it in a nea Jun 10, 2012 at 3:49:02 pm
$1.00 Economics Fixing a payment schedule in an agreement: Jun 10, 2012 at 3:49:29 pm
$1.00 Economics Which of the following is a legal remedy for a breach of the contract between parties? Jun 10, 2012 at 3:50:01 pm
$1.00 Economics A payment arrangement between an attorney and a plaintiff, in which the plaintiff agrees to pay a certain lump-sum amoun Jun 10, 2012 at 3:50:28 pm
$1.00 Economics Which of the following is a problem encountered in a transaction involving a principal/agent relationship? Jun 10, 2012 at 3:50:45 pm
$1.00 Economics Which of the following is an example of vertical integration? Jun 10, 2012 at 3:51:01 pm
$1.00 Economics In which of these situations is vertical integration most likely? Jun 10, 2012 at 3:51:18 pm
$1.00 Economics Parties to the contract prefer to keep the actual agreement incomplete when: Jun 10, 2012 at 3:51:35 pm
$1.00 Economics Which of the following will be an efficient payment scheme for a defendant’s attorney, who is experienced in handling si Jun 10, 2012 at 3:52:03 pm
$1.00 Economics An organization offers training programs for its employees at a subsidized rate to help them use a nascent technology th Jun 10, 2012 at 3:53:15 pm
$1.00 Economics Which of the following examples can be associated with the task specificity aspect of an asset? Jun 10, 2012 at 3:53:47 pm
$1.00 Economics Which of the following exemplifies specific performance that a court might order from the party in breach of a contract? Jun 10, 2012 at 3:54:09 pm
$1.00 Economics _____ is the price paid by the insured to sell the risk to the insurer, which must cover the expected payout if a disast Jun 10, 2012 at 3:54:38 pm
$1.00 Economics Which of the following theories states that people who are highly risk-averse are less likely to engage in high-risk act Jun 10, 2012 at 3:56:02 pm
$1.00 Economics Which of the following is an example of a moral hazard? Jun 10, 2012 at 3:56:31 pm
$1.00 Economics Which of the following is an example of a non-price provision in an automobile insurance contract that can reduce moral Jun 10, 2012 at 3:56:58 pm
$1.00 Economics DTC contracts which prohibit buyers from inspecting diamonds in advance help to minimize: Jun 10, 2012 at 3:57:18 pm
$1.00 Economics The problem of _____ can arise when a seller cannot obtain reliable information from buyers. Jun 10, 2012 at 3:57:41 pm
$1.00 Economics Which of the following is a possible result of adverse selection? Jun 10, 2012 at 3:58:53 pm
$1.00 Economics The effects of asymmetric information in the car market can be weakened by: Jun 10, 2012 at 3:59:14 pm
$1.00 Economics According to the theory of propitious selection: Jun 10, 2012 at 3:59:49 pm