Entry and exit from japan Study guides, Class notes & Summaries
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ECO 365 Final Exam Answer.docx
- Exam (elaborations) • 13 pages • 2019
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ECO 365 Final Exam Answers




1) If average movie ticket prices rise by about 5 percent and attendance falls by about 2 percent, other things being equal, the elasticity of demand for movie tickets is about:
A. 0.0
B. 0.4
C. 0.6
D. 2.5
 
2) A basic difference between microeconomics and macroeconomics is that microeconomics
A. focuses on the choices of individual consumers, while macroeconomics considers the behavior of large businesses
B. focuses on financial reporting by individuals, while ma...
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According to Mintzberg's classification of managerial roles (Verified Answer)
- Exam (elaborations) • 26 pages • 2018
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1. According to Mintzberg's classification of managerial roles, the role of a(n) is to transmit information received from outsiders or from other employees to members of the
organization.
a. leader
b. disseminator
c. resource allocator
d, entrepreneur
e. spokesperson
2. According to Mintzberg's classification of managerial roles, which of the following is a kind of decisional role?
a. liaison
b. disseminator
c. negotiator
d. monitor
e. spokesperson
3. In order to predict human behavior, it is be...
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ECO 365 Final Exam (Already graded A )
- Answers • 10 pages • 2018
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ECO 365 Final Exam

1) An economist who is studying the relationship between the money supply, interest rates, and the rate of inflation is engaged in
A. microeconomic research
B. macroeconomic research
C. theoretical research, because there is no data on these variables
D. empirical research, because there is no economic theory related to these variables
2) A basic difference between microeconomics and macroeconomics is that microeconomics
A. focuses on the choices of individual consumers, whil...
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