Answers

SL

Answered

The ____________ effect states that the first item in a long list of items is the one most likely to be remembered.

On Jul 27, 2024


primacy
SL

Answered

What do trade policies do to the standard of living?

On Jul 25, 2024


Trade policies reduce both imports and exports. While they leave the trade balance unchanged, they reduce trade overall and so reduce the gains from trade. This lowers the standard of living. U.S. industries that produce goods on which imports are reduced may gain, but overall there is a loss.
SL

Answered

What was the cost of goods available for sale?

A) $264,000
B) $267,000
C) $269,300
D) $234,600

On Jun 27, 2024


A
SL

Answered

An example of deflation since the base year would be a CPI in the current year of

A) 90.
B) 100.
C) 110.
D) 200.

On Jun 25, 2024


A
SL

Answered

How can companies write for a global audience while containing the cost of translation?

A) Add links to content in multiple languages.
B) Develop a new website in each language needed.
C) Write in the original language and allow for links to translation software sites.
D) Write detailed content in the languages of global community members and use the original language for major sections such as the homepage and navigational tabs.
E) Localize the homepage for the global audience and keep detailed content in the original language.

On May 27, 2024


E
SL

Answered

Refer to Figure 7-6. Area A represents

A) producer surplus to new producers entering the market as the result of an increase in price from P1 to P2.
B) the increase in consumer surplus that results from an upward-sloping supply curve.
C) the increase in total surplus when sellers are willing and able to increase supply from Q1 to Q2.
D) the increase in producer surplus to those producers already in the market when the price increases from P1 to P2.

On May 26, 2024


D