Chinese private companies get their capital largely from:
a. The Whenzou market
b. Private banks
c. IPOs
d. State banks
e. Government grants
A
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Assuming the demand curve in question is downward sloping, the calculated price elasticity of demand will always be negative
Indicate whether the statement is true or false
Suppose Always There Wireless serves 100 high-demand wireless consumers, who each have a monthly demand curve for wireless minutes of QdH = 200 - 100P, and 300 low-demand consumers, who each have a monthly demand curve for wireless minutes of QdL = 100 - 100P, where P is the per-minute price in dollars. The marginal cost is $0.25 per minute. Suppose Always There Wireless charges $0.30 per minute. How many minutes will high-demand consumers purchase?
A. 60 B. 30 C. 70 D. 170
Which of the following represents a perfectly competitive farmer's demand curve for hired hands?
a. her ATC curve b. her AVC curve c. her MRP curve d. her MRC curve e. her AFC curve
In this graph, why does point B move up to point C?
a. In the short run, the increase in money supply leads to a higher price level, which causes the interest rate to lower.
b. In the long run, the increase in money supply leads to a lower price level, which causes the interest rate to rise.
c. In the short run, the increase in money supply has little effect on price level, which causes the interest rate to lower.
d. In the long run, the increase in money supply leads to a higher price level, which causes the interest rate to rise.