QUIZ 01 - SOLUTION ECO303 – FALL 2014 INTERMEDIATE MICROECONOMIC THEORY Instructor: Ramiro Malaga Due date: Wednesday 10th September at 11:00 p.m. Please answer it on Blackboard. If you face any difficulty to submit your problem set‚ please send the answers by email to: ramiro.malagaortega@stonybrook.edu before deadline. CHAPTER 1: Thinking like an Economist. Problem 1 Microeconomics is primarily the study of how: A. B. C. D. The stock market works. People (agents) choose among
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------------------------------------------------- Top of Form Week 1 Quiz | 100.0 Points | Question 1 of 25 | 4.0 Points | The higher the profit of a firm‚ the higher the value the firm is assured of receiving in the market. | | | | A. True | B. False | | Answer Key: False | Question 2 of 25 | 4.0 Points | Which of the following is not a primary source of capital to the firm? | | | | A. assets | | | | | B. common stock | | | | | C. preferred stock
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EPGP Quiz 1 Time: 1 hour‚ closed book Answer all questions. Circle the correct answer. 2 points each. 1. The law of demand states that‚ holding all else constant: A. as price falls‚ demand will fall also. B. as price rises‚ demand will also rise. C. price has no effect on quantity demanded. D. as price falls‚ quantity demanded rises. 2. Which of the following would not shift the demand for good A? A. Drop in price of good A. B. Drop in price of good B. C. Consumer income. D. Change
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Management Quiz #1 CHAPTER 1: * Innovation know no price * Management: attaining goals effectively and efficiently through planning‚ organizing‚ leading‚ and controlling. * Effectively: getting it done correctly * Efficient: getting the job done using the least amount of resources (human labor‚ time‚ money). * 4 principles of management 1. Planning- provides direction‚ reduces impact of change‚ minimizes waste and redundancy‚ sets standards to facilitate control 2
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COMM212 Quiz 1 Review Sheet 50 multiple-choice questions‚ 2 points each. Questions are from the text. Choose the best answer Chapter 1 1. Know and be able to differentiate between all these definitions: argumentation‚ argument‚ advocacy‚ power‚ public discourse‚ pluralistic culture‚ values‚ rule of reason‚ and procedures. Argumentation: the cooperative activity of developing and advancing arguments and of responding to the arguments of others. Argument: a claim advanced with a reason or reasons
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what level of output will the two methods produce the same net operating income (EBIT)? (a) 5‚000 decks (b) 10‚000 decks (c) 15‚000 decks (d) 20‚000 decks (e) 25‚000 decks Instructor Explanation: Answer is: b Chapter 15: pp. 603- 606 Total cost Method 1 = $1.00Q + $10‚000. Total cost Method 2 = $1.50Q + $5‚000. Set equal and solve for Q: Q + $10‚000 = $1.50Q + $5‚000; $5‚000 = $0.5Q; 10‚000 = Q 4.
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1 ACCTMIS 4500 AUTUMN 2012 QUIZ 1 – SOLUTIONS (ANSWERS IN BOLD) 30 POINTS Instructions: Circle the letter for the answer you select. True/False and Multiple Choice are 2 points each. Short Answer Questions are 3 points each 1. Auditing services and attestation services are the same. A. True B. False 2. Why do auditors generally use a sampling approach to evidence gathering? A. Auditors are experts and do not need to look at much to know whether the financial statements are
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This document of FIN 571 Study Guide 571 Final includes answers to the next questions: 1) Which of the following statements is true? A. A security is a claim issued by a firm that pays owners interest‚ not dividends B. A call option analyzes conflicts of interest and behavior in a principal-agent relationship C. An agent-manager can never make bad decisions D. The difference between the value of one action and the value of the best alternative is called an opportunity cost
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GEOG101 Quiz 1 Part 1 of 1 - 80.0/ 100.0 Points Question 1 of 25 0.0/ 4.0 Points A functional region: A. has a transition zone at its center B. is also known as a formal region C. is defined on the basis of some variable‚ such as the area where corn is grown D. is exemplified by a city and its hinterland Answer Key: D Question 2 of 25 0.0/ 4.0 Points Which of the following statements is incorrect? A. A country likely constitutes a formal political region because within
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Department of Business and Hospitality Management MGMT485: Management Information Systems Quiz # 1 Instructor: M. Senior‚ MBA Date: ______________ Score: /50 Marks Student’s Name: ________________________________ Student’s ID # ___________________ Instruction: This paper consists of fifty (50) multiple choice questions. Highlight the best response (highlights must not be in red colour). 1) Which of the following best describes how new information systems result in legal gray areas
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