Tag: Economics – Others

A distribution tends to have a smooth shape when the number of observations is Blank______.Multiple choice question.
about 30 or so
about 100 or so
very large
very small

Extra Credit: 3 pts. possible
If Hart Enterprises decreases its WACC to 9%, will the value of Hart Enterprises increase or decrease? Explain your answer (3 points).

Subsidies do all of the following except…
Group of answer choices
Create deadweight loss
Decrease the price buyers pay
Create surplus goods
Raise the price sellers receive

Per capita income in the United States in 2020 was about
Option A $25,300 per person.
Option B $36,300 per person.
Option C $63,500 per person.
Option D $78,800 per person.

Question 13
Not yet answeredMarked out of 2.00
The magnitude of optical rotation increases with a decrease in the wavelength of light used in polarimetry.
Answer
True
False

When you are a seller who offers lower prices only t consumers to reveal their reservation price.impediment pricingsegment blockingincentive revelationthe hurdle method

The process of shifting production from a domestic to a foreign location is known as: Select one:
a turnkey operation
off-shoring
out-sourcing
service imports

q, is a market structure characterised by relatively lew sellers and barriers to entry resulting from high start-up costs.MonopolyFiscalpolicyPure competitionOlipopoly

Arthritis or an injury to the knee can make it difficult to perform our daily tasks.What is arthritis?
What are some non-surgical treatments for arthritis?

the earnings of piece-rate workers usually exceed those of hourly paid workers performing the same tasks. Provide at least 3 reasons as to why that might be the case.
Incentive effect: piece rates tie pay directly to output, so workers increase effort, speed, and productivity to earn more.
Selection effect: more productive or motivated workers self-select into piece-rate jobs, raising average earnings in that group.
Reduced shirking and monitoring: when pay depends on output, employers need less supervision and workers have stronger incentives to avoid downtime.
Efficiency and innovation: piece-rate pay encourages workers to find faster methods, streamline processes, and learn on the job, boosting output per hour.
Eliminates paid idle time: hourly pay compensates for time regardless of output, while piece-rate rewards only productive units, so workers avoid unproductive activities.
Flexible effort and overtime: workers can increase hours or intensity under piece rates to raise earnings beyond what fixed hourly schedules would provide.