Shifts in factor demand result from changes in
A. the price of other inputs.
B. the quantity of other factors with which it works.
C. demand for outputs.
D. All of the above are correct.
Answer: C
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Which of the following factors would not be considered by a technical analyst when predicting a firm's stock price?
a. a large drop in the stock price yesterday b. a "head and shoulders" pattern in the recent movements of the stock's price c. the likely success of the firm's new product line d. the probable behavior of other buyers and sellers of the stock e. a large jump in the stock's price last week
Under a monopoly, resources are misallocated such that
A. too few resources are used by the monopoly, and too many are used elsewhere. B. consumers are being forced to pay a price below the MC of the monopolist. C. resources are being used as efficiently as possible only by the monopoly. D. too few resources are used in other industries, and too many are used by the monopoly.
Which of these is an example of a controllable factor for a firm that sells pizzas
a. The price of the pizza b. The delivery rates of the pizza c. The quality of the wings sold by the street vendor across the street d. Both A & B
The economy's self-correcting mechanism appears to be more efficient at curing
a. recessionary gaps by reducing price levels. b. inflationary gaps by reducing price levels. c. unemployment by reducing wage levels. d. inflationary gaps through inflation.