Econ Q's I have previously missed!! (quizzes 3-5) - Custom Scholars
Home » Flash Cards » Econ Q’s I have previously missed!! (quizzes 3-5)

# Econ Q’s I have previously missed!! (quizzes 3-5)

question
Holding all other forces constant, if decreasing the price of a good leads to an increase in total revenue, then the demand for the good must be
elastic
question
when a binding price ceiling is imposed on a market to benefit buyers,
question
a tax on the sellers of coffee mugs
decreases the size of the coffee mug market
question
a tax imposed on the sellers of a good will
raise the price buyers pay and lower the effective price sellers receive
question
suppose that a firm uses only two inputs: hourly workers (labor) and a building (capital). in the short run, the firm most likely considers
labor to be variable and capital to be fixed
question
if a firm produces nothing, which of the following costs will be zero?
variable costs
question
suppose tv's are a normal good and buyers of tv's experience a decrease in income. as a result, consumer surplus in the tv market
may increase, decrease, or remain unchanged
1 of 7
question
Holding all other forces constant, if decreasing the price of a good leads to an increase in total revenue, then the demand for the good must be
elastic
question
when a binding price ceiling is imposed on a market to benefit buyers,
question
a tax on the sellers of coffee mugs
decreases the size of the coffee mug market
question
a tax imposed on the sellers of a good will
raise the price buyers pay and lower the effective price sellers receive
question
suppose that a firm uses only two inputs: hourly workers (labor) and a building (capital). in the short run, the firm most likely considers
labor to be variable and capital to be fixed
question
if a firm produces nothing, which of the following costs will be zero?
variable costs
question
suppose tv's are a normal good and buyers of tv's experience a decrease in income. as a result, consumer surplus in the tv market
may increase, decrease, or remain unchanged

## Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
\$26
The price is based on these factors:
Number of pages
Urgency
Basic features
• Free title page and bibliography
• Unlimited revisions
• Plagiarism-free guarantee
• Money-back guarantee
On-demand options
• Writer’s samples
• Part-by-part delivery
• Overnight delivery
• Copies of used sources
Paper format
• 275 words per page
• 12 pt Arial/Times New Roman
• Double line spacing
• Any citation style (APA, MLA, Chicago/Turabian, Harvard)

## Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

### Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

### Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

### Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.