Answer
Option 4
consumers
The consumers have the power to determine where which and what goods to be produced as consumer demand the good so if consumer demand good in a market then the good should be produced in that market only so that consumer has the ultimate power in the economy.
there is no more details in this question determine which goods will be produced Select one: O a. The market O b. Th...
determine which goods will be produced Select one: a. The market O b. The businesses O c. The firms d. Consumers
?Which of the following is a labor resource :Select one .a o silicon (sand) used to make computer chips .bo a computer programmer .co. software used by a firm . do a computer LRIVLAAIVL ECON - 141 In a market system, the distribution of goods and services among consumers is largely determined by Select one .a. whoever needs the goods and services the most .b. the willingness and ability of consumers to pay the prices .c. a random factor that...
1. Price discrimination exists when a firm sells ________ goods at more than one price to ________ groups of customers. a. different; similar d. identical; different b. existing; distinct e. limited; restricted c. discounted; large 2. Price discrimination exists when a firm is able to sell the same good at more than one price to different groups of a. producers. d. promoters. b. firms. e. commodities. c. consumers. 3. Firms are most likely to engage in price discrimination if a....
Which of the following is excluded from calculations of GDP? . Select one: O a. Goods that bring little value to society. O b. Income received by managers of corporations. O c. Used items such as cars, and purchases on E-Bay. O d. Items that are exported for sale overseas. Question 29 Not yet answered Points out of 1.00 P Flag question Which of the following is government spending on goods and services? Select one: O a. Medicare benefits. O...
Which of the following securities has the largest systematic (market) risk? Select one: O a. Security A with a Beta equal to 1.2 o b. Security B with a Beta equal to 1.1 o c. Security C with a Beta equal to 0.9 o d. Security D with a Beta equal to 0.8 o e. More information is needed to answer this question. Which of the following securities has the largest standard deviation for its returns? Select one: O a...
Which one of the following is not a non-price determinant of supply? Select one: O a. Available production technology b. Consumers' income c. Resource prices d. The number of producers O o e. The price of related goods and services Another term for a negative relationship is Select one: O a. a fixed relationship O b. an inverse relationship c. a constant relationship d, a direct relationship e a marginal relationship.
Which of the following is NOT necessarily true in a market characterized by perfect competition? Select one: a. Consumers know all prices charged by all firms. b. All firms produce a slightly differentiated product. c. Firms can not freely enter the market in the short run. d. Firms can not freely exit the market in the short run and avoid all costs.
Which of the following would be associated with firms that have market power? Select all that apply. Select one or more: a. Few Firms b. Elastic Demand c. Many Firms d. Collusion among firms. e. Inelastic Demand f. Competition among firms.
Which of the following is TRUE in the calculation of GDP? Select one: @ д. GDP is positively adjusted to include production in the underground economy. o b. GDP is negatively adjusted to account for environmental damage caused by businesses o c. GDP does not include goods and services produced privately inside the home. O d. GDP includes a positive adjustment for leisure activities, even if no purchase is required
Market segmentation and asymmetric information would help explain, which of the following: Select one: a. foreign investors do not have capital to invest b. international investors lack skills to do research c. domestic investors lack skills to do research d. foreign investors lack information about the local markets and firms A Multinational enterprise can ________ its ________ by acquiring access to markets which are less illiquid as well as less segmented than its own. Select one: a. decrease; Marginal Cost...