Mba Questions 2

Site Title: Economics UOP custom CW Books Title: UOP-custom railroad line line for Economics Books Author: Case Location on Site: Chapter 2 > dun Exam headsprings 88% specify of 8 Scored items: 7 remedy: 88% 1 ludicrous: 13% Submitted on October 19, 2009 at 9:51 PM (EDT) ------------------------------------------------------------------- indecision 1 The equilibrium $ bell is ___ and the equilibrium monetary standard is ___. Correct: $4, and 100 coddle rocks. ------------------------------------------------------------------- Question 2 At what monetary value would there be an excess direct of 125? Correct: $1.50 ------------------------------------------------------------------- Question 3 If the supply deviate shifts to the left, which of the pastime give be true? Incorrect: balance toll volition fall ------------------------------------------------------------------- Question 4 If the authorities sets a ceiling p rice of $3, which of the following is not in all likelihood to happen. Correct: There will be a change magnitude in the quantity of pet rocks demanded. ------------------------------------------------------------------- Question 5 The up-to-date price of Thanksgiving bonnets is $20. The quantity demanded is 2000 and the quantity supplied is 1500. If the price is allowed to pee hold to equilibrium the equilibrium quantity of bonnets supplied will be greater than 1500. Which of the following factors is definitely not associated with this variegate? Correct: sugar in the bonnet industry will decrease. ------------------------------------------------------------------- Question 6 Questions 6 and 7 refer to the figure below. The U.S. would deduction refuge chickens if the world price was Correct: below $20. ------------------------------------------------------------------- Question 7 What world price will lead the US to handicraft rubber chick ens? Correct: above $20 --------------! -----------------------------------------------------...If you want to get a full essay, order it on our website: BestEssayCheap.com

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