A firm needs to maximize the value to all of its
A) managers.
B) employees.
C) suppliers.
D) stakeholders.
D
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In which of the following ways can national savings be calculated?
A) By deducting net exports and government expenditure from total output B) By deducting consumption and investment from total output. C) By deducting consumption and government expenditure from total output D) By deducting investment and government expenditure from total output
In time series, the definition of causal effects
A) says that one variable helps predict another variable. B) does not make much sense since there are not multiple subjects. C) assumes that the same subject is being given different treatments at different points in time. D) requires panel data.
If Joel buys ten floppy disks, which are worth a total of $30 to him, and he pays $1 a disk, how much consumer surplus does he derive?
a. $24 b. $15 c. $20 d. $10 e. $2 from each floppy disk
A tax imposed on the sellers of a good
a. raises both the price buyers pay and the net price received by sellers. b. raises the price buyers pay and lowers the net price received by sellers. c. lowers the price buyers pay and raises the net price received by sellers. d. lowers both the price buyers pay and the price received by sellers.