Ask a New Question
Search
Questions and answers by
Dontillia
Questions (1,014)
After graduating from college, you get a new job making more money. Suppose that you decide to buy more steak rather than
1 answer
32 views
There is an increase in the supply of a good when there is __________.
An increase in the number of buyers A decrease in the
1 answer
25 views
Which of the following does NOT shift the supply curve?
A change in technology An increase in consumer demand. A change in
1 answer
27 views
Which of the following would cause the supply of shredded wheat (the breakfast cereal) to increase?
Technological advances
1 answer
26 views
Which of the following does not shift the supply curve?
A change in technology A change in consumer expectations An increase in
1 answer
23 views
Which of the following would cause the supply of shredded wheat (the breakfast cereal) to increase?
An increase in consumers'
1 answer
33 views
If the world price of wheat increases due to bad weather in Europe, Russia and South America, __________.
Bread prices will
1 answer
19 views
Which of the following does NOT shift the supply curve?
A change in consumer expectations. A change in technology. A change in
1 answer
26 views
There is an increase in the supply of a good when there is __________.
An increase in the number of buyers An increase of
1 answer
23 views
Which one would NOT cause a shift in the supply curve?
A change in the price of a good. A change in the profits of sellers. A
1 answer
28 views
There is an increase in the supply of a good when there is __________.
A decrease in the number of buyers. An increase in the
1 answer
22 views
Which of the following would cause the supply of shredded wheat (the breakfast cereal) to increase?
An increase in wages In
1 answer
33 views
The law of supply states that __________.
The quantity of a good that is supplied is unrelated to the price of the good, other
1 answer
25 views
If the world price of wheat increases due to bad weather in Europe, Russia and South America, __________.
Corn farmers in the US
1 answer
23 views
Market equilibrium occurs ____________________________.
When consumer surplus is greater than producer surplus When any deviation
1 answer
26 views
Suppose that you manage a supermarket. Assume that peanut butter is an inferior good. What would happen to the price and
1 answer
27 views
When an economy is in a recession, individuals taking a vacation are more likely to take car trips over airplane trips. The most
1 answer
14 views
A surplus that results from a price ceiling creates inefficiencies in all of the following EXCEPT _____________________.
The
1 answer
13 views
When an economy is in a recession, individuals taking a vacation are more likely to take car trips over airplane trips. The most
1 answer
20 views
When does market failure occur?
Markets create high prices for necessities. Markets create low prices for luxuries. Markets fail
1 answer
29 views
Deadweight loss __________________________.
Markets allocate resources efficiently Is ensured when a competitive market is in
1 answer
22 views
A surplus that results from a price ceiling creates inefficiencies in all of the following EXCEPT _____________________.
The
1 answer
17 views
Gasoline prices recently increased by 20%, and the purchase of gasoline decreased by 5%. What is the price elasticity of demand?
1 answer
21 views
When an economy is in a recession, individuals taking a vacation are more likely to take car trips over airplane trips. The most
1 answer
16 views
Rationing by price means ________________________.
Imposing a price ceiling to insure equity Imposing a price floor to insure
1 answer
19 views
A surplus that results from a price ceiling creates inefficiencies in all of the following EXCEPT _____________________.
Wasted
1 answer
26 views
Market equilibrium occurs ____________________________.
When buyers and sellers are in agreement over price and the quantities
1 answer
20 views
If the price elasticity of supply is greater than 1, then supply is __________.
Unity price elastic. Unresponsive to price
1 answer
24 views
Perfect complements are goods that must be consumed in fixed proportions. Examples of perfect complements include __________.
Pen
1 answer
19 views
Deadweight loss __________________________.
Is ensured when a competitive market is in equilibrium Is the reduction in consumer
1 answer
33 views
Rationing by price means ________________________.
Imposing a price ceiling to insure equity Imposing a price floor to insure
1 answer
18 views
When does market failure occur?
Markets create low prices for luxuries. Markets create high prices for necessities. Markets fail
1 answer
33 views
Deadweight loss __________.
Is the welfare gain that society experiences when the amount of a good that is produced is more than
1 answer
28 views
With an increase in demand, total surplus will __________.
Decrease. Stay the same. Change depending on other factors. Increase.
1 answer
23 views
If a price is below the equilibrium price in a competitive market, then the market will push the price ________ and the quantity
1 answer
19 views
At the Chor Bazaar in India, when customers can buy the same good from multiple sellers, merchants can __________ their prices
1 answer
20 views
A blogger recently reported that the price of new computers decreased and that the quantity of new computers decreased. This was
1 answer
17 views
If individual income rises because of a boom, then the demand curve for new houses will ________ and the equilibrium quantity of
1 answer
30 views
The non-price determinants of supply include which of the following?
Technology, prices of related goods, and number of sellers.
1 answer
24 views
Which one would NOT cause a shift in the supply curve?
A change in producer expectations. A change in the price of a good. A
1 answer
26 views
Which of the following does NOT shift the supply curve?
A change in technology. A change in consumer expectations. A change in
1 answer
28 views
Suppose that wearing baseball caps goes out of fashion for young men. Which of the following is true?
Any change in demand is not
1 answer
22 views
The law of demand is illustrated when:
Higher oil prices encourage companies to drill for more oil. Higher taxes encourage
1 answer
19 views
A resource is __________.
Anything that an individual pays for. Anything consumed by a customer. Anything that can be used in
1 answer
13 views
What is meant by ceteris paribus?
All things being equal Certain problems Changing all things Buyer beware
1 answer
21 views
Price elasticity measures which of the following?
The responsiveness of a change in quality in relation to a change in quantity.
1 answer
15 views
In one week, an appliance store sells 90 DVD players at $100 each. It then lowers its price to $90 and it sells 100 DVD players.
1 answer
23 views
A high school graduate who earns a college degree is increasing the economy's stock of ________________.
Labor Land Capital Human
1 answer
16 views
Economists disagree when selecting two different government policies because __________________________.
They made different
1 answer
25 views
Two employees, one graphic designer and one accountant of a large firm, have to produce a marketing document and estimate the
1 answer
26 views
Specialization and trade leads to all of the following EXCEPT _________________________________.
A decline in total economic
1 answer
22 views
Specialization and trade results in all of the following EXCEPT:
Goods and services being exchanged A decrease in total economic
1 answer
18 views
Why should countries specialize in producing a particular good or service in which they have a comparative advantage?
1 answer
23 views
Why should countries specialize in producing a particular good or service in which they have a comparative advantage?
They can
1 answer
23 views
Which of the following is an example of a normative statement?
Tax rates are based on marginal tax brackets. Wages vary based on
1 answer
16 views
The current unemployment rate of 8 percent is too high. This is an example of ________________________.
A normative statement. A
1 answer
14 views
Time Series graphs:__________. (Choose the best response.)
Show data as rectangles whose height equals the value of the variable.
1 answer
22 views
The graph in the figure above is an example of: (Choose the best answer.)
A line graph. A pie chart. A time series graph. A bar
1 answer
30 views
The demand curve has a __________, because quantity demanded ___________ as price decreases.
Positive slope; increases Negative
1 answer
26 views
In Quadrant 1 of a Cartesian graph, the values of x are __________, and the values of y are __________.
Negative; Negative
1 answer
13 views
In Quadrant 1 of a Cartesian graph, the values of x are __________, and the values of y are __________.
1 answer
11 views
The quantities of a good that producers can and want to sell for each possible price, other things held constant, is __________.
1 answer
15 views
Where the supply and demand curves meet is called the __________.
1 answer
15 views
Which of the following nations did not sign the Kyoto Protocol?
Algeria United States Great Britain Albania Singapore
1 answer
15 views
How many major industrial nations signed the Kyoto Protocol?
64 84 100 25 50
1 answer
14 views
What kind of political resistance are indigenous peoples using today?
1 answer
12 views
What kind of political resistance are indigenous peoples using today?
Working with the United Nations Encouraging younger members
1 answer
11 views
What was a form of oppression that indigenous peoples had to face?
1 answer
12 views
What was a form of oppression that indigenous peoples had to face?
Belittling language (e.g., uncivilized) Losing the right to
1 answer
16 views
Many in the______________ generation of indigenous peoples want to find creative ways to maintain their rights.
1 answer
10 views
Which of the following was the name of one of the early global trade routes?
Triangular Trade The Iron Triangle Mare Nostrum The
1 answer
12 views
The Japanese conquest and occupation of which of the following cities is seen as one of the worst atrocities of World War II?
Jak
1 answer
11 views
Which of the following is needed to appreciate cross-cultural differences in art?
Never considering outside contexts Thinking
1 answer
20 views
Which of the following is an applied art?
Graphic design Painting Sculpting Dance
1 answer
13 views
Languages are always __________.
dissimilar similar universal unique
1 answer
13 views
Words within languages are always __________.
unique identical dissimilar similar
1 answer
11 views
Which of the following is the study of human language with respect to its social and cultural context?
Cultural phonetics
1 answer
21 views
In the hero's journey, the climax of the story involves a revelation, death and rebirth, and______
1 answer
12 views
In the hero's journey, the climax of the story involves a revelation, death and rebirth, and______
temptation atonement the abyss
1 answer
14 views
The character who gives humor along the journey is called the______________
hero trickster friend mentor
1 answer
11 views
The character who gives humor along the journey is called the
1 answer
13 views
The development of written languages was a result of __________.
spiritual needs trade needs commercial needs religious needs
1 answer
8 views
After the fall of the Roman Empire the main avenue for learning literacy was the __________.
universities monastic centers
1 answer
10 views
By the Carolingian Renaissance, Latin literacy was mainly limited to groups like __________.
everyone slaves workers the church
1 answer
10 views
__________ is using negative language online.
Tagging Flaming Following Trolling
1 answer
21 views
__________ states that people's language shapes the way they view the world.
Language perception Linguistic determinism Language
1 answer
23 views
What is an example of how language changes?
African slaves developed African-American Vernacular English when separated from
1 answer
17 views
Can a language change?
No, cultures and languages never change once they are established. Yes, languages evolve as new words or
1 answer
16 views
Monotheistic religion reflects the belief in __________.
a single God no deities multiple deities multiple Gods
1 answer
17 views
The origin of religion is __________.
easy to define easy to identify universal difficult to identify
1 answer
17 views
The difference between dragons in eastern and western art illustrates what ideas about art?
Artists have limited influence in
1 answer
22 views
What is activist art?
A form of art that manipulates Using art for harm Using art to profit financially An active form of protest
1 answer
12 views
Which of the following is an example of a cultural difference?
Eye color Weight Gender Height
1 answer
11 views
Every society that believes that murder is wrong is an example of
1 answer
19 views
What is an aspect of extreme ethnocentrism?
It is generally considered inclusive. This is a part of human nature. This is a part
1 answer
27 views
What is an aspect of extreme ethnocentrism?
1 answer
21 views
Which of the following characterizes monumental structure building in the Nuraghi culture of Sardinia?
Monumental structures
1 answer
26 views
Which of the following evidences points to complex cultural organizations in the Western Mediterranean and Europe during the
1 answer
11 views
What happened after larger groups began to settle and tend crops?
1 answer
14 views
What happened after larger groups began to settle and tend crops?
All groups developed similar types of cultural structures and
1 answer
24 views
Pages
1
2
3
4
5
6
7
8
9
10