Tag: Economics – Others

Disinflation isa substantial increase in the rate of inflation.a substantial decrease in the rate of inflation.a zero inflation.negative inflation, also called deflation.

If a firm’s receipts are just sufficient to cover all of its economic costs, the firm is said to be earning a(n)normal profitimplicit profitexplicit profiteconomic profit

Enter the following inputs for your model: Demand interept = 600Demand slope = 3.5Supply intercept = 0Supply slope = 4.5price = $30Fixed costs = 15000variable costs = 25

If there are few close substitutes for a good, demand tends to be relatively:
Question 11 options:
a) elastic
b) inelastic
c) unitary elastic
d) none of the above

If the demand for a good is inelastic, an increase in its price will cause the total expenditure of the consumers of the good to
Increase
Decrease
Remain the same
Become zero

If a paper mil shuts donn is operations for three months so that if produces nothing its redsed to zero?a) foed costsb) oppertunity costsC) vanable corssc) total cost

In 2023 a new technology has noticeably lowered the cost of producing solar vehicles, you predict that in the market for solar vehicles there will be a(n) _____________?

match the threat or opportunities with the correct answer.
Government approval.
A. political threat.
B. Political Threat.
C. Global success factor.
D. Economic Threat

Quantitative Easing is the Fed’s effort to raise the money supply by purchasing large quantities of corporate bonds with the intent to keep interest rates low. ◻TrueFalse

In a free-market economy, a product which entails a positive externality will be:
produced at the optimal level.
provided solely by the government.
overproduced.
underproduced.