Ans) the correct option is C) II
The correct statement is the lemons problem affects how much buyers are willing to pay for goods
Which of the following statements is (are) TRUE? The lemons problem causes an inefficiently high number...
All of the following statements are true about marginal cost except I. marginal cost increases as production expands. II. when marginal cost is below average cost, average cost is falling. III. when marginal cost is above average cost, average cost is constant. IV. when marginal cost meets the average total cost, the average total cost is at its minimum point. II and III I only II only III only III and IV IV only Which of the following is an...
Which of the following statements is true about the factors that affect pricing decisions? Select one: a. Information about competitors' technologies is not useful for pricing decisions. b. Information about a competitor in a perfect market affects pricing decisions. c. Increase in price of a substitute product does not affect pricing decisions. d. Managers must always be aware of the competition when pricing their products
Which of the following statements about the Diel-Alder reaction are true? Which of the following statements about the Diels-Alder reaction are true? I. The Diels-Alder reaction is endothermic. II. The Diels-Alder reaction is exothermic. III. The Diels-Alder reaction is favored entropically. IV. The Diels-Alder reaction is disfavored entropically. V. The Diels-Alder reaction is favored at extremely high temperatures. VI. The Diels-Alder reaction is favored at room temperature to moderate temperature. (A) I, IlI, and VI (B) II, IV, V (C)...
11. Here are four statements, each of which may be either true or false. Economic logic is impossible without exchange. I Economic logic is impossible without money. II Money cannot come into existence without exchange. III Exchange cannot come into existence without money. IV Choose the correct option from the list below. I, II, and III are true, and IV is false. I, II, and IV are true, and III is false. В II and III are true, and I...
All of the following statements about price are true except which? A. The price for a product or service must earn a profit for the company. B. The price must generate enough sales dollars to pay for the cost of developing, producing, and marketing the product. C. For most products and services, there is an agreed-upon price range set by makers. D. Small changes in price can have big effects on both the number of units sold and company profit....
1. Which of the following statements, if any, is or are true? I. As a general rule, income generated by property is not taxable to the person who owns the property if the income is paid to directly to another person who, prior to such payment, performed services with respect to the property. II. As a general rule, compensation with respect to the performance of services is taxable to the person who performed the services unless the compensation is...
Problem #7: Which of the following statements are always true for vectors in R3? (i) If u (vx w)-4 then w - (vxu)-4 (ii) (5u + v) x (1-40 =-21 (u x v) (ili) If u is orthogonal to v and w then u is also orthogonal to w | V + V W (A)( only (B) (iii) only (C) none of them (D) (i) and (iii) only (E) all of them (F) (i) only (G)i and (ii) only (H)...
Which of the following statements about convertible bonds are true? I. The conversion price does not change over time. II. The associated stocks may not pay dividends as long as the bonds are outstanding. III. Most convertibles are also callable at the discretion of the firm. IV. They may be thought of as straight bonds plus a call option.
17. Which of the following statements is/are true? (i) A homography exists between any two images (ii) A homography exists between a plane in the world and its shadow (ii) A homography exists between two images of the world taken with a rotating camera (a) () only (b) (i) only (c) (ii) only (d) Both (i) and (ii (e) Both (ii) and (iii 18. Which of the following statements is/are true? (i) Face recognition is more scalable to large datasets...
UB.8;4 C. 7:5 D.14; 10 QUESTION 12 Which of the following statements is TRUE? 1. A Pigouvian subsidy reduces the market price to encourage consumption and correct for the underproduction of a good. 11. A Pigouvian tax increases the market price to discourage consumption and correct for the overproduction of a good. III. Negative externalities create deadweight losses, but positive externalities do not. A. III only B. I only C. I, II, and III D.1 and Il only QUESTION 13...