Homework Answers
The correct answer is 'Option A'.
The law of demand states that there exists a negative relationship between the price and quantity demanded. When the price increases then the quantity demanded falls and when the price falls then the quantity demanded increases. Therefore, when the price of gasoline falls, the consumers buy more gasoline. The correct answer is 'Option A'.
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Question 17 Mark this question Which of the following is an example of the Law of...
Attempts: Score: 11 1. Critical analysis Q1 Which of the following is a reason why the...
Attempts: Score: 11 1. Critical analysis Q1 Which of the following is a reason why the employment of a resource is inversely related to its price? O As the price of a resource rises, the price of the goods the resource helps to produce will fall. Thus, consumers will demand more of these goods, increasing the amount of the resource needed to produce the cheaper good. o As the price of a resource rises, so too do the prices of...
Question 9 1 pts Which of the following is correct regarding penetration pricing? There is more...
Question 9 1 pts Which of the following is correct regarding penetration pricing? There is more than one answer to this question. You must mark all of the answers to receive full credit for this question. It is a strategy that is commonly found among perfectly competitive firms. It is used by firms with a long history in an industry that try to capture sales from new firms that are entering the industry. It is a strategy that is defined...
Which of the following is an example of Say’s law? During the 2008-10 many people hoarded...
Which of the following is an example of Say’s law? During the 2008-10 many people hoarded money instead of purchasing goods.. The economy of the country of Wakanda has set fixed prices and wages for both the short and long term. The automotive industry, in order to create more output, need to focus on increasing production rather than demand. If you were to explain to a friend how the macroeconomy would be influenced by neoclassical policies, which of the following...
Question 25 Mark this question Which of the following is an example of contractionary monetary policy?...
Question 25 Mark this question Which of the following is an example of contractionary monetary policy? O Reducing reserve requirement O Policies taken in response to the housing crisis O Lowering interest rates 0 Open market sale of treasury securities Save and Continue 9 :- OPA 's a registered trademark of SOPHIA 6
Question 12 (0.5 points) Saved Which of the following is NOT an example of moral hazard?...
Question 12 (0.5 points) Saved Which of the following is NOT an example of moral hazard? farmers neglect their livestock in order to obtain an insurance payout O farmers refuse to invest in new and potentially improved agricultural technologies due to insurance O patients go to the doctor more than absolutely necessary workers take on dangerous jobs that increase the chance of injury or death
Please answer the following: QUESTION 3 Which of the following is consistent with secular deflation? O...
Please answer the following:
QUESTION 3 Which of the following is consistent with secular deflation? O a persistently increasing price level caused by several periods of economic growth with decreasing AD O a persistently decreasing price level caused by several periods of economic growth with stable AD O a persistently decreasing price level caused by increases in government expenditures O a persistently decreasing price level caused by money being withdrawn from the economy QUESTION 4 If the current price level...
Question 29 (1 point) Which one of the following is an example of a systematic risk...
Question 29 (1 point) Which one of the following is an example of a systematic risk factor? OA) people become diet conscious and avoid fast food restaurants B) all airline pilots go on strike OC) the price of lumber declines sharply D) a hurricane hits a tourist destination OE) the Federal Reserve leaves interest rates unchanged
I would like to have answer to this question. thanks tax law question $5,500 $6,500 Mark...
I would like to have answer to this question.
thanks
tax law question
$5,500 $6,500 Mark for follow up Question 12 of 30. Ben (48) and Lisa (49) are married, and they will file jointly for 2018. Ben earned $70,000 and is an active participant his employer's retirement plan. Lisa earned $35.000. She is not covered by a retirement plan at work. They have no other income or adjustments, so their modified adjusted gross income (MAGI) is $105,000. Lisa would...
Which of the following goods/services are example of bundling? What would be the answers to question...
Which of the following goods/services are example of
bundling?
What would be the answers to question 1,7, and 2 if you could
provide explanations to how you got to your answers to have a
better understanding Thank you.
QUESTION 1 When buying a car, salespeople try to learn a lot about you: what do you for a living, why you want a car, etc. They are not simply being friendly, they are setting up for price discrimination. How? So they...
Question 8 The theory of liquidity preference implies that an increase in the price level shifts...
Question 8 The theory of liquidity preference implies that an increase in the price level shifts the Not yet answered Marked out of 2.00 Flag question Select one: a money demand curve to the right, so the interest rate decreases. b. money demand curve to the left, so the interest rate decreases. 0 C. money demand curve to the right, so the interest rate increases. 0 d. money demand curve to the left, so the interest rate increases. Question 9...
Attempts: Score: 11 1. Critical analysis Q1 Which of the following is a reason why the employment of a resource is inversely related to its price? O As the price of a resource rises, the price of the goods the resource helps to produce will fall. Thus, consumers will demand more of these goods, increasing the amount of the resource needed to produce the cheaper good. o As the price of a resource rises, so too do the prices of...
Question 9 1 pts Which of the following is correct regarding penetration pricing? There is more than one answer to this question. You must mark all of the answers to receive full credit for this question. It is a strategy that is commonly found among perfectly competitive firms. It is used by firms with a long history in an industry that try to capture sales from new firms that are entering the industry. It is a strategy that is defined...
Question 25 Mark this question Which of the following is an example of contractionary monetary policy? O Reducing reserve requirement O Policies taken in response to the housing crisis O Lowering interest rates 0 Open market sale of treasury securities Save and Continue 9 :- OPA 's a registered trademark of SOPHIA 6
Question 12 (0.5 points) Saved Which of the following is NOT an example of moral hazard? farmers neglect their livestock in order to obtain an insurance payout O farmers refuse to invest in new and potentially improved agricultural technologies due to insurance O patients go to the doctor more than absolutely necessary workers take on dangerous jobs that increase the chance of injury or death
Please answer the following:
QUESTION 3 Which of the following is consistent with secular deflation? O a persistently increasing price level caused by several periods of economic growth with decreasing AD O a persistently decreasing price level caused by several periods of economic growth with stable AD O a persistently decreasing price level caused by increases in government expenditures O a persistently decreasing price level caused by money being withdrawn from the economy QUESTION 4 If the current price level...
Question 29 (1 point) Which one of the following is an example of a systematic risk factor? OA) people become diet conscious and avoid fast food restaurants B) all airline pilots go on strike OC) the price of lumber declines sharply D) a hurricane hits a tourist destination OE) the Federal Reserve leaves interest rates unchanged
I would like to have answer to this question.
thanks
tax law question
$5,500 $6,500 Mark for follow up Question 12 of 30. Ben (48) and Lisa (49) are married, and they will file jointly for 2018. Ben earned $70,000 and is an active participant his employer's retirement plan. Lisa earned $35.000. She is not covered by a retirement plan at work. They have no other income or adjustments, so their modified adjusted gross income (MAGI) is $105,000. Lisa would...
Which of the following goods/services are example of
bundling?
What would be the answers to question 1,7, and 2 if you could
provide explanations to how you got to your answers to have a
better understanding Thank you.
QUESTION 1 When buying a car, salespeople try to learn a lot about you: what do you for a living, why you want a car, etc. They are not simply being friendly, they are setting up for price discrimination. How? So they...
Question 8 The theory of liquidity preference implies that an increase in the price level shifts the Not yet answered Marked out of 2.00 Flag question Select one: a money demand curve to the right, so the interest rate decreases. b. money demand curve to the left, so the interest rate decreases. 0 C. money demand curve to the right, so the interest rate increases. 0 d. money demand curve to the left, so the interest rate increases. Question 9...
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