Category: Economics

A firm’s total revenue minus its total opportunity cost is called itsQuestion 47 options:A) normal profit.B) accounting profit.C) entrepreneur’s profit.D) economic profit.

If the four-firm concentration ratio in an oligopolistic industry is 100 percent and each firm has an equal percentage of Herfindahl index is
1,000
3,750
10,000
2,500

The government funds budget deficits via .
borrowing and creating new money.
tax revenues and borrowing.
selling assets and tax revenues.

According to the content in the course, Jeremy Bentham’s main contribution to economics is related to:sunk cost fallacy.altrulsm.price discrimination.cost-benefit analysis.

What is the Fed’s primary tool for steering the federal funds rate into the target range?
Open market operations
Reserve requirements
Discount rate
Interest on reserve balances

ΔRoR =10%. Pleasenote you need to show the steps for getting full credit. Just selecting the correct option withoutshowing the steps will result in getting zero points.

Who is most likely to have the lowest level of physical health compared to the others?Sinae, a teacher Owen, a prison officer Stacey, a nurse Ferdinand, an ambulance worker

In which biome would one most likely find xerophytic species?
Desert
Tropical rain forest
Boreal and montane forest
Midlatitude broadleaf and mixed forest
Temperate rain forest