When someone is willing to continue to purchase a good even though its price rises dramatically, the demand for the good is said to be elastic? Inelastic. Flexible. Unaffected.

Suppose pizzas and burgers are substitutes. If the price of pizza increases, what happens in each market? a. Move upward and to the left along the demand curve for pizzas and the demand curve for burgers shifts to the right b.

Acme Manufacturing makes their preliminary economic studies using a before-tax MARR of 21 %. More detailed studies are performed on an after-tax basis. If their effective tax rate is 31 %, what is the after-tax MARR?

If joe has 12 pencils and the teacher takes 4 how manyvdoes he have left

The real interest rate for investments reflects not only the short-term real interest rate set by the central bank but also the financial frictions.

Hannah accidentally overpaid her last credit card bill and has sent a written request for her bank to refund her difference. How soon can she expect the refund? A) 10 days B) 5 to 10 days C) 2 billing cycles D) 7 days

Which of the following statements regarding rational ignorance are true? Check all that apply. a. Because candidates take stands on a wide range of issues, a rationally ignorant voter may choose not to fully assess the costs and benefits of voting

Jacob is creating a table to record his work schedule. When he typed in Wednesday, part of the word was not visible. Which of the following suggestions would be the quickest resolution to this problem? a.

Chang industries has 1,400 defective units of product that have already cost $13.40 each to produce. a salvage company will purchase the defective units as they are for $4.40 each.

Economic agents who generate externality are distinct from those who experience them. Example: one fisher catches juvenile fish that do not mature and are otherwise caught by another fisher in another location. O True O False

Hows my song Memories are all I have Memories of you Memories of happy days When our love grew Verse 1 I see your face Before me now I see your eyes of blue Now you're gone I don't know where What am I to do Verse 2 I feel your skin Through my hands