According to Figure 5.4, how many slices of pizza will one pizzeria be willing to supply at a market price of $1.50 a slice?
(A) 2,000
(B) 300
(C) 200
(D) 100
Ans: (C) 200
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If Sam's opportunity cost of a sweater is $37, which of the following prices would he have to observe in the market in order to sell a sweater?
A. $37 B. $37.01 C. $50 D. Sam would sell a sweater at any of these prices.
The expected rate of return from a share of stock consists of:
a. a dividend return b. capital appreciation (or depreciation) c. interest d. a and b only e. a, b, and c
You are thinking of buying a newly issued, 5-year bond that has a face value of $10,000 and offers no annual coupon payments. What is the most you should pay for this bond, if the interest rate is 5 percent (0.05) per year?
a. $5,000.00 b. $6,139.13 c. $7,835.26 d. $10,000.00 e. $43,294.77
Refer to the graph shown.
Which curve represents the firm's derived demand for labor curve?
A. S2 B. S1 C. D D. MRP