4176321
Descrição
Quiz por 2016: Felipe Sil, atualizado more than 1 year ago
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Criado por 2016: Felipe Sil
quase 9 anos atrás
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Questão 1
Questão
What is an example of a homogenous product?
Responda
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Water
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Cellphones
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Shoes
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Computers
Questão 2
Questão
An increase in income would shift the demand curve
Responda
-
To the right
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to the left
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wouldnt shift it
Questão 3
Questão
If the total fixed cost is 40000, what would be the average fixed cost for 160 products
Responda
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800
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250
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640000
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25
Questão 4
Questão
Poor communication, Lack of motivation, lack of direction are examples of:
Responda
-
External D.O.S
-
External E.O.S
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Internal D.O.S
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Internal E.O.S
Questão 5
Questão
What is an example of an inelastic good
Responda
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Cellphones
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Shoes
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Cigarettes
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Airplane tickets
Questão 6
Questão
Which curve shows all SRATC curves together
Responda
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SRAS
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LRATC
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AD
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AS
Questão 7
Questão
At perfect competition how many firms are assumed to exist
Responda
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None
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1
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100
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Infinite
Questão 8
Questão
To measure elasticity demand, one has to divide change in quantity demanded by...
Responda
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change in supply
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change in income
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change in price level
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quantity
Questão 9
Questão
What is the economic term for the profit that could have been made?
Responda
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Explicit costs
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implicit costs
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Total revenue
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accounting profit
Questão 10
Questão
There are no barriers of entry and exit in a...
Responda
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Monopoly
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Duopoly
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Multiple firm market
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Perect competition market
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