Answers

VF

Answered

Relating to the Economics in Practice on page 338: A number of agencies in the federal government, including the EPA, use the social cost of carbon as their internal carbon fee. In 2015, this price they were paying was ________ per ton of carbon.

A) $18
B) $39
C) $62
D) $100

On Jul 11, 2024


B
VF

Answered

In the long run, a representative firm in a monopolistically competitive industry will end up

A) having an elasticity of demand that will be less than it was in the short run.
B) having a larger number of competitors than it will in the short run.
C) producing a level of output at which marginal cost and price are equal.
D) earning a normal profit, but not an economic profit.

On Jul 07, 2024


D
VF

Answered

The ______ of an organization separates people geographically, hierarchically, or both; it builds and limits relationships by setting up lines of reporting and teams; and it defines employees' responsibilities by outlining their area of influence and accountability.

On Jun 11, 2024


structure
VF

Answered

Give an example of the negative impact that co-consumers can have.

On Jun 06, 2024


Examples may vary.
Other patrons or co-consumers can have negative impacts. For example, if another consumer touches a product in the retail context, this can lead consumers to negatively evaluate the product, an effect referred to as consumer contamination.
The presence of large numbers of people in a consumer environment increases arousal levels so that a consumer's subjective experience of a setting tends to be more intense. Although the presence of other people creates a state of arousal, the consumer's actual experience depends on his or her interpretation of this arousal. The psychological state of crowding exists only if a negative affective state occurs as a result of this density.
In addition, the type of consumers who patronize a store or service can serve as an attribute. To paraphrase Groucho Marx, "I would never join a club that would have me for a member."
VF

Answered

According to the CAPM, what is the expected market return given an expected return on a security of 15.8%, a stock beta of 1.2, and a risk-free interest rate of 5%?

A) 5%
B) 9%
C) 13%
D) 14%

On May 10, 2024


D
VF

Answered

What is the total period cost for the month under the absorption costing?

A) $24,200
B) $8,800
C) $58,000
D) $33,800

On May 07, 2024


A