eco 365 (ECO 365)

ECO 365 Final Exam Year 2018 Which of the following statements is true about a downward-sloping demand curve that is a straight line? The best example of positive externality is: Suppose that college tuition is higher this year than last and that more students are enrolled in college this year than last year. Based on this information, we can best conclude that: Suppose foreign shrimp prices drop by 32 percent and importers gain a 90 percent market share. From this information, what woul...

ECO 365 Final Exam test questions and answers updated solution 2020 Which of the following statements is true about a downward-sloping demand curve that is a straight line? The best example of positive externality is: Suppose that college tuition is higher this year than last and that more students are enrolled in college this year than last year. Based on this information, we can best conclude that: Suppose foreign shrimp prices drop by 32 percent and importers gain a 90 percent market share. ...

Which of the following statements is true about a downward-sloping demand curve that is a straight line? The best example of positive externality is: Suppose that college tuition is higher this year than last and that more students are enrolled in college this year than last year. Based on this information, we can best conclude that: Suppose foreign shrimp prices drop by 32 percent and importers gain a 90 percent market share. From this information, what would economists strongly suspect ab...

ECO 365T FINAL EXAM – QUESTION AND ANSWERS Which of the following will cause a change in the demand for flashlight batteries? In economics, the steeper (i.e., more vertical) the demand curve is the more _______ it is. A surplus will occur when _____________ A demand curve will shift to the left if the ______________. A(n) ________________ is a market structure with only a few sellers. A very important law in the history of American business that positively impacted the market economy by ...

ECO 365 Final Exam Year 2018 Which of the following statements is true about a downward-sloping demand curve that is a straight line? The best example of positive externality is: Suppose that college tuition is higher this year than last and that more students are enrolled in college this year than last year. Based on this information, we can best conclude that: Suppose foreign shrimp prices drop by 32 percent and importers gain a 90 percent market share. From this information, what would eco...

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...

Which of the following statements is true about a downward-sloping demand curve that is a straight line? The best example of positive externality is: Suppose that college tuition is higher this year than last and that more students are enrolled in college this year than last year. Based on this information, we can best conclude that: Suppose foreign shrimp prices drop by 32 percent and importers gain a 90 percent market share. From this information, what would economists strongly suspect about...