Which of the following would not shift the demand for good A?
Multiple Choice Quizzes with Answer in English (Page: 400)
The law of demand states that, holding all else constant:
The buyer side of the market is known as the:
In a competitive market, the market demand is Qd = 60 – 6P and the market supply is Qs = 4P. The full economic price under a price ceiling of $3 is
In a competitive market, the market demand is Qd = 60 – 6P and the market supply is Qs = 4P. A price ceiling of $3 will result in a
Marginal net benefits in the above table
Net benefits in the above table
Total costs in the above table are
The opportunity cost of an action is the
If the interest rate is 7%, $500 received at the end of 9 years is worth how much today?
If the annual interest rate is 0%, the present value of receiving $210 in the next year is:
Negotiation between the buyer and seller of a new ski-boat is an example of:
Given the benefit function B(Y) = 200Y – 3Y2, the marginal benefit is:
Maximizing the lifetime value of the firm is equivalent to maximizing the firm’s current profits if the
If the interest rate is 3%, the present value of $900 received at the end of 4 years is:
If you put $700 in a savings account at an interest rate of 3%, how much money will you have in one year?
If the interest rate is 12.5%, what is the present value of $200 received in one year?
Property owners move scarce resources towards the production of goods most valued by society because
New firms have incentive to enter an industry when there is
If the interest rate is 5% and cash flows are $3,000 at the end of year one and $5,000 at the end of year two, then the present value of these cash flows is