Flow 2 is goods and services which firms sell in the factor market.
FIGURE #3 *101 ------- Quantity 12. {Refer to Figure 3 above). In the market shown, S' represents the market supply curve after an excise tax is levied. The portion of the excise tax paid by producers is: A. $7 B. $2 C. $5 D. $3 FIGURE #4 Price Astax Wegdle" 40 60 too Quantity 13. {Refer to Figure 4 above). In the market shown, consumers pay ___ of the excise tax. A. $4 B. $2 C. $1 D. $7 14....
QUESTION 1 20 mice 1 2 3 4 5 6 quantity Refer to the graph above and answer the following questions: • What will happen if the current price is set at $12 per unit and why? • What will happen if the current price is set at $4 per unit and why? • What will happen if the current price is set at $10 per unit and why? • If the demand curve shifts to the left (assuming no...
Refer to the provided figure. If box A represents households, B the product market, and C businesses, then flow (2) and flow (4) would represent Select one: a. business sponding revenues b. the flow of goods and services. c. the flow of labor and other resources, d. money incomes and consumer spending,
DQuestion 12 4 pts t Price 10 Oupphy 12 3 5 67 ti Refer to above graph. The movement from Point A to Point B represents a(n) O increase in the price O decrease in the quantity supplied. O shift in the supply curve. O Both a and b are correct
Supply A & Demand • 10 11 Dexto 1. Refer to Figure above. Show the consumer surplus measured by the area at the equilibrium. 2. Refer to figure above. Show the producer surplus measured by the area at the equilibrium 3. Refer to Figure above. Show the total surplus measured by the area at the equilibrium. 4. Refer to Figure above. Is the equilibrium allocation of resources efficient at the equilibrium? Why?
Refer to the payoff matrix above. How many Nash Equilibriums this game has? 1 2 3 0 Player 2 Left Right Up 4,3 -1,-1 player 1 Down 0,0 3,4
Э Refer to the provided figure. If box A represents households, B the product market, and C businesses, and if flow (P) represents revenues, then flow () would represent в (3) (2) (4) A. (7) (5) (8) (6) D Select one a. consumption expenditures .b. costs .c. money income .d. resources Price 99 $30 25 20 15 10 50 150 250 Quantity In a competitive market illustrated by the diagram above, a price ceiling of $1. per unit will result...
QUESTION 11 Refer to the graph below. Price 4 5 | 2 3 Quantity Point A represents a price of: O 3 and a quantity of 3. 3 and a quantity of 5. 5 and a quantity of 3. 5 and a quantity of 5.
3) Refer to the contingency table above. If 4 employees are randomly selected, what is the probability that at least one of them has a managerial job? 4) Refer to the contingency table above. If one employee from each of the four smoking categories is randomly selected, what is the probability that at least one of them has a managerial job? Non-smoker 8 25 18 51 Light Smoker Medium Smoker Heavy Smoker Managerial Skilled Trades General Labor 21 94 83...
QUESTION 9 4(a) and 4(b) refer to the following. 4(a) What is XIRR of cash flow A? Cash flow A Cash Flow B Date 1-Jan- -23000 02 1-Jul- 02 1-Jul- 03 20,000 13,000 3,000 23500 4000 1-Jul- 04 1-Jul- 05 1-Jul- 06 3.000 3500 3,000 4000 3.000 4000 QUESTION 10 which cash flow has a higher XIRR? Please answer only A or B.