According to the graph shown, if the market goes from equilibrium to having its price set at $10 then:
A. area (B + C) gets transferred from consumer to producer.
B. area (B + C) gets transferred from producer to consumer.
C. area B gets transferred from consumer to producer.
D. area B gets transferred from producer to consumer.
C. area B gets transferred from consumer to producer.
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A margin call is when:
A. it looks like you are in danger of running through your money, and your broker forces you to sell your stock and use the money to pay back your loan. B. the market reaches a tipping point, and the financial bubble bursts. C. prices on future values of a stock are forecasted to be lower than current prices. D. prices on future values of a stock are forecasted to be higher than current prices.
A country that has relatively large amounts of a particular resource at its disposal
a. will tend to have an absolute advantage b. will trade the resource for some good in which that country has an absolute advantage c. will tend to have a comparative advantage in goods that make heavy use of that resource d. will trade the resource for some good in which that country has a comparative advantage e. will tend to have a low exchange rate
The future value of $200 that is left in account earning 6.5% interest for three years is best expressed by which of the following?
A. $200(1.065)3 B. $200(1.065)n C. $200(1.065)/3 D. $200(1.065) × 3
The above graph represents a:
A. monopolistically competitive firm. B. noncollusive oligopoly firm. C. monopoly firm. D. collusive oligopoly firm.