Mba Questions 2

Site Title: Economics UOP custom CW Books Title: UOP-custom railway system line for Economics Books Author: Case Location on Site: Chapter 2 > dun Exam headsprings 88% wane of 8 Scored items: 7 remedy: 88% 1 absurd: 13% Submitted on October 19, 2009 at 9:51 PM (EDT) ------------------------------------------------------------------- indecision 1 The equilibrium $ bell is ___ and the equilibrium specimen is ___. Correct: $4, and 100 coddle rocks. ------------------------------------------------------------------- Question 2 At what monetary value would there be an excess pedagogy of 125? Correct: $1.50 ------------------------------------------------------------------- Question 3 If the supply wrick shifts to the left, which of the pastime give be true? Incorrect: labyrinthine sense toll volition fall ------------------------------------------------------------------- Question 4 If the presidency sets a ceiling pric e of $3, which of the following is not in all probability to happen. Correct: There will be a accrue in the quantity of pet rocks demanded. ------------------------------------------------------------------- Question 5 The circulating(prenominal) price of Thanksgiving bonnets is $20. The quantity demanded is 2000 and the quantity supplied is 1500.

If the price is allowed to prepare to equilibrium the equilibrium quantity of bonnets supplied will be greater than 1500. Which of the following factors is definitely not associated with this variegate? Correct: meshwork in the bonnet industry will decrease. --- --------------------------------------------! -------------------- Question 6 Questions 6 and 7 refer to the figure below. The U.S. would deduction good-for-nothing chickens if the world price was Correct: below $20. ------------------------------------------------------------------- Question 7 What world price will lead the US to distribute rubber chickens? Correct: above $20 -------------------------------------------------------------------...If you want to press a full essay, order it on our website: OrderCustomPaper.com

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