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1. If the interest rate rises, the owners of oil will supply ________ oil today and conserve ________ for the future.
A) more; less
B) less; more
C) more; more
D) less; less
2. An increase in the value that future consumers are expected to place on an exhaustible resource ________ the marginal cost of extraction and ________ the current price of the resource.
A) increases; increases
B) increases; decreases
C) decreases; increases
D) does not change; does not change
what is the opportunity cost of producing a unit of wheat in the united kingsom? In the united states?
Assume that being sustitutes for one another, corn and soybean require the same raw material such as land, will farmers use their soybean farms to produce more or less corn and in econmic.
Suppose that the U.S. dollars-Chinese yuan exchange rate is fixed by the U.S. and Chinese governments. Assume also that labor is immobile between the United States and China due to high transportation costs.
q.suppose a computer virus disables the nations automatic teller machines atm manufacture departure s from bank
A 15 year bond having a face value of $5000 and a coupon rate of 6 percent per 6 months payable semiannually was purchased for $7000 8 years ago, and the 16th interest payment was just made. What can it be sold for now if a buyer's desired return..
q.suppose you are attempting to buy a used bicycle and you are bargaining with the owner over the sale price. the bike
Assume that the dairy industry is initially in a perfectly competitive equilibrium. Assume that, in the long run, the technology is such that average cost is constant at all levels of output. Suppose that producers agree to form an association and be..
More people in high-income countries than in low-income countries tend to believe that rapid rates of economic growth are not desirable. Which of the following best explains what is actually happening to real per capita GDPs of countries?
Las Cruces Recreations Inc. headquartered in Las Cruces, NM operates a summer camp in Silver City, NM. The cost data for a 12-week summer camp are as follows: Charge per camper = $400 per week Variable cost per camper = $220 per week Fixed costs = $2..
Short-run losses may be incurred in order to gain the future benefits of lower AC that result from greater knowledge and experience. A balance of stability and change must be maintained in an organization to take advantage of knowledge and experience..
Do some research on the Internet to determine what fiscal policy initiatives the U.S. government used to address the economic crisis of 2008-2009. Which initiatives seem to have been most effective?
An option holder is not entitled to receive dividends unless he or she exercises their option before the stock goes ex dividend.
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