An example of an ongoing expense for a toy company would be buying:
A. advertising for their products, and would be included in total cost.
B. a new factory, and would be excluded from total cost.
C. a delivery truck, and would be included in total cost.
D. None of these is true.
Answer: A
You might also like to view...
In the short-run, an increase in government purchases will cause
A) a shift of the DD curve to the left and an increase in output. B) a shift of the DD curve to the right and a decrease in output. C) a shift of the DD curve to the left and a decrease in output. D) a shift of the DD curve to the right and an increase in output. E) a shift of the DD curve the left and an appreciation of the currency.
The price elasticity of demand measures how much
a. quantity demanded responds to a change in price. b. quantity demanded responds to a change in income. c. price responds to a change in demand. d. demand responds to a change in supply.
Which of the following will reduce the risk of equity (stock) investments?
A) The purchase of shares of a mutual fund that holds the stocks of many diverse corporations. B) All of the above. C) The purchase of shares in firms doing business in a wider variety of industries and markets. D) The purchasing and holding of equities over a lengthy period of time.
How is the price producers receive with a subsidy calculated?
a. by subtracting the tax from the amount of the subsidy b. by adding deadweight loss to the total surplus c. by subtracting the amount of the subsidy from producer surplus d. by adding the price consumers pay to the amount of the subsidy