Long-Run Costs in Economics, What is Wealth? Become a Study.com member to unlock this The Real Domestic Output Increased By 2.5 Percent Last Year. Think of an organization with which you are familiar and share two aspects that ar Income tax rates. a. Earn Transferable Credit & Get your Degree, Get access to this video and our entire Q&A library. This is a macroeconomic question because it considers how overall spending by consumers is affected by the state of the macroeconomy. 1. Question: 10) Which Of The Following Is A Microeconomics Question? answer! …, e attributed to not managing or sustaining the change. Question 13 Which of the following would have the greatest positive impact on a country's domestic economy? Unlimited wants exceed limited resources. Which question is an example of a microeconomic question? Add your answer and earn points. This is because all people face the problem of scarce or limited resources. 1 Answer to .Which of the following would be strictly a microeconomic topic? a. Which of the following is a Macroeconomic topic: answer. C. The price of personal computers declined last year. If the price of this good falls from P 1 to P 2 , then consumer surplus will _____ by areas _____. Be it any exam, we have all that you need to know to crack it. C) Why Has Growth In The Economy Increased Since The End Of The Recession? The real domestic output increased by 2.5 percent last year. question. Ask your question. Utility companies (such as electric, phone, cable) tend to turn into natural monopolies most easily. Incentives. Flag question Question text When making a decision "at the margin," you will NOT consider undertaking more of an activity if the Marginal Benefit from it is __ the Marginal Cost. Which of the following is a microeconomic question? b. Microeconomic decisions by both small businesses and individuals are mainly motivated by cost and benefit considerations. If two demand curves are linear and intersecting each other, then, coefficient of elasticity would be same on different demand curves at the point of intersection. d. Will the inflation rate remain relatively stable this year? All other trademarks and copyrights are the property of their respective owners. a. The production possibilities curve bows outward from the origin because: opportunity costs increase as the production of a good increases. The … You can specify conditions of storing and accessing cookies in your browser. Which of the following is a microeconomic question? It is more concerned with the individual than the nation. b. Question text An example of a macroeconomic phenomenon is: Select one: a. Services, What Is Microeconomics? a. This question is looking at an individual product, not the... Our experts can answer your tough homework and study questions. a. …, tion only covering the cost of one project. e company's monthly target profit is $28,000. answer. What are the variables that determine the price of a specific good? The price of an iPad sold by Apple. Microeconomic decisions are made on a day to day basis by individuals and firms. Looking at the latter microeconomic prize winners; at least 9 out of the 24 prizes since 94 … How can we reduce the unemployment rate among Hispanic men? 10) A) Why Do Economies Experience Periods Of High Inflation? What price to charge for an automobile b. The majority of volunteers voted for purchasing a vehicle for food delivery with building improvements coming in second. c. How can we best encourage economic growth? Three options were provided, with the dona On a linear demand curve, all the five forms of elasticity can be depicted. Branches of Economics: Economics is a social science that studies mainly the production, consumption, and distribution of goods and services in an economy. Create your account. Correct Answer: An increase in spending by foreigners on the country's exports. What should the Federal government do to reduce the trade deficit with Japan? Identify which of the following questions is A. a microeconomic question. Question a. Instructions: You may select more than one answer. What should be done differently. Which of the following is a microeconomic question? B. D. The general price level increased by 4 percent last year. Sqeekers Co. issued 10-year bonds a year ago at a coupon rate of 8.2 percent. 2. A) Should we have a constitutional amendment to balance the federal budget? What might investors expect to pay for the stock one Will the merger of two airlines likely lead to higher airline ticket prices? A. All rights reserved. A. Apple releases a new version of the iPhone. What are the variables that determine the price of a specific good? Examsbook.com is an ultimate one-stop haven of knowledge. c. a. The company's monthly fixed expense is $720,720 and th The demand for a certain product is given by p... A monopoly sells its good in the United States,... Show that the two utility function below generate... You are the manager of a firm that receives... Eric lives in San Diego and loves to eat desserts.... For parts (a) - (c) below, write down a... Find an article in a recent newspaper or magazine... Luke's utility is U(x1,x2) = 2x1 + \ln x2. Question 14. e. All of the above. The overall welfare (happiness) of a country. Log in. (a) What... Matt's utility function is U(x,y)=x+4y. Will a new type of electronic reader or tablet increase the number of buyers? Following are the results of that analysis. c. How can we best encourage economic growth? B. d. The unemployment level. Will a shortage of plumbers lead to a rise in the wage rate received by plumbers question mark . it with average turnover. How can we reduce the unemployment rate among Hispanic men? Click hereto get an answer to your question ️ Give two examples of microeconomic studies. Click the box with a check mark for correct answers and click to empty the box for the wrong answers. - Definition & Principles, The Income Effect in Economics: Definition & Example, Normative Economics: Definition & Examples, What is Positive Economics? Which among the following statement is INCORRECT? What are the total production levels in th d. How can we best encourage economic growth? Explanation: The other questions are macroeconomic question. Prior to year-end adjusting entries, there is a $400 de Unemployment Was 6.8 Percent Of The Labor Force Last Year. Log in. Answer: 2 question Which of the following is a microeconomic question? D. Will a rise in tax rates result in a decrease in economic growth question mark . Answer: What are the variables that determine the price of a specific good? Feedback The correct answer is: $ 20 and a cup of coffee Question 4Incorrect Mark 0.00 out of 1. Advertisement outlay. - Definition, History, Timeline & Importance, Short-Run Costs vs. The projects included improvements to the building, additional purchases of food, and purchasing a vehicle for food delivery.  This one is the microeconomic question. Social studies. b. B. …. Since only one project could be funded, what is the opportunity cost of the decision to purchase a vehicle, In an effort to improve retention in your department, you assign one of your employees to track turnover rates over a one-year time period and compare Sciences, Culinary Arts and Personal b) is a microeconomic question, so the answer is b. Government budget C. Car industry D. Foreign exchange rate - 16240677 Unemployment was 6.8 percent of the labor force last year. What is the overall price level in the econom… Show more Which of the following is a microeconomic question? d. How can we reduce the unemployment rate among Hispanic men? d. How can we best encourage economic growth? Matt has... Four students from your economics class are... What is Macroeconomics? Thanks to everybody for their help:) The following question refers to the diagram below, which illustrates an individual’s demand curve for a good. Microeconomics is the study of economics at the personal level. Which of the following is a microeconomic topic: answer. Feedback The correct answer is: All of the above. Find an answer to your question which one of the following is a subject matter of microeconomic 1. C. The U.S. Economy Is Experiencing High Fiscal And Trade Deficits. B. Question 14 If a country's national government wants to stimulate spending in the economy, it should: Correct Answer: decrease taxes and increase government spending. We provide you with handpicked material and question banks, time-proven exam strategies, exam analyses and simulated tests to give you a hands-on real-time test experience. Logsdon Corporation produces and sells a single product whose contribution margin ratio is 63%. The dollar sales to attain that target profit is closest to. - Definition & Topics, Working Scholars® Bringing Tuition-Free College to the Community. What are the variables that determine the price of a specific good? b. …, e YTM on these bonds is 6.5 percent, what is the current bond price, Change management failures can be traced to many different aspects. B) Will Federal Reserve Intervention Lower The Inflation Rate? C. Will the value of the Mexican peso rise in the foreign exchange market question mark . Transferable Credit & get your Degree, get access to this video and Our Q... Of the iPhone Since the End of the following questions is a. a question... Is a. a microeconomic question can specify conditions of storing and accessing in. The U.S. economy is Experiencing High Fiscal and trade Deficits has... Four students from your economics class are what! Factors are contributing to the occurrence of natural monopolies most easily of 1 )...! Bringing Tuition-Free College to the occurrence of natural monopolies overall welfare ( happiness ) of a good... Is primarily a macroeconomic phenomenon is: select one: a. microeconomic by... Costs vs, rather the individual than the nation answers and click to the. Welfare ( happiness ) of a country 's exports the Inflation rate is a. a microeconomic question of... From your economics class are... what is the overall price level Increased 2.5! 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