Which of the following is the correct way to calculate total cost?

A. TVC +TFC
B. TR - TFC
C. ATC ÷ q
D. TR - TVC


Answer: A

Economics

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A good time for an American to hold German stocks, ceteris paribus, is when the

A. Euro is stable compared to the U.S. dollar. B. The return in the German stock market has no relationship to the value of the dollar compared to the euro. C. U.S. dollar appreciates in value compared to the euro. D. U.S. dollar depreciates in value compared to the euro.

Economics

The microeconomic view of the expectations of inflation are based on the assumption that

A. individuals are rational, forward-looking people. B. people always assume that inflation will be zero. C. individuals will merely guess at what the inflation rate will be. D. individuals are highly sophisticated in their economic thinking.

Economics

Explain risk and liquidity of assets

What will be an ideal response?

Economics

Under the Superfund law (CERCLA),

a. remedial actions are official short-term responses to restore immediate control b. high-risk sites are placed on the National Priorities List (NPL) through a risk-ranking system c. only current waste site owners are potentially responsible parties (PRPs) d. EPA has no authority to force responsible parties to pay for damages

Economics