Tag: Economics – Others

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.

Which of the following pair of complexes is more stable? Explain briefly.(3 marks each, total 6 marks)(a) Ti(CH3)4 and Ti(CH2CH3)4.(b) [Co(CN)6]3- and [Co(CN)6]4-.

The ◻ indicators tend to occur after a business cycle.a. leadingb. laggingc. coincidentd. none of the above

Which of the following does Milton Friedman advocate?One and only one social responsibility of businessSustainable development goalsCaring capitalismTriple bottom line

Farmers use expert systems like DSSAT to optimise crop production Discuss the impact of expert systems on sustainable agriculture and how they help increase crop yield

Under the 14th Amendment (Equal Protection), government discrimination against tobacco companies by not allowing them to advertise on TV would be analyaed under a

A firm with market power that can price discriminate will reduce deadweight loss, increase consumer surplus, and increase market quantity.
Question 3 options:TrueFalse

Suppose that a risky pays $118 with probability p1 = 0.37, pays $71 with p2 = 0.6, and pays $35 with probability 1 – p1 – p2. What is the expected value (EV)?

When the price of notebooks falls from $4.09 to $2.67 the quantity demanded of notebooks rises from 137 to 262. What is the price elasticity of demand of notebooks