ECON CHAPTER 4 PRACTICE QUESTIONS Names____________________ 1. Melissa buys an iPod for $ 120 and gets consumer surplus of $ 80. a. What is her willingness to pay? b. If she had bought the iPod on sale for $ 90‚ what would her consumer surplus have been? c. If the price of an iPod were $ 250‚ what would her consumer surplus have been? 2. An early freeze in California sours the lemon. Explain what happens to consumer surplus in the market
Premium Supply and demand
Career and Professional Development (OAD 134) Questions from chapters 1 & 2 in your textbook NOTE: You need to keep a copy of your answers so that you have them to study for your first test. 1. List 7 workplace trends that are changing the labor force. larger workforce older workforce increase in e-commerce more service jobs change in consumer demand more diversity in the workplace increase in education and training requirements 2. How many new jobs for office and administrative
Premium Employment
Chapter 6 Review Questions 1. What are the necessary hardware components of a POS system? What are the varieties of each component? The necessary hardware components of a POS system are POS order entry units & POS printers. The varieties of each component are: POS order entry units: Keyboards & monitors Touchscreen terminals Handheld terminals POS printers: Guest check printers Receipt printers Workstation units Journal printers 2. How do preset keys differ from PLU keys? Preset keys are part of
Premium Point of sale Credit card Debit card
Reading The Sopranos - Chapter 3 – ‘What has Carmela ever done for Feminism’? Introduction Feminism in a simple definition refers to women’s movements‚ and feminism is a subject that is on going which has become a forum for debate in relation to television and film. My main focus will be feminism in the television series ‘The Sopranos’ which will be used as a case study to examine the theory of feminism plus psychoanalysis and how it’s inflicted on the screen. An academic book that I have
Premium Gender Feminism Literature
Review Questions Chapter 2: What is a business case? How does a business case affect an IT project? A business plan that forecasts costs and revenues for a particular project over several years‚ especially to attract financing. It affects because it would say whether the IT project is good enough to go or should it be abandoned. So for any company can save money. What is a SWOT analysis and why is it important? A SWOT analysis is to study any factor affecting any company and
Premium Ishikawa diagram Strategic management Diagram
shows what people were like at that time and what it was like in the world. A book gets its longevity by portraying what happened in the past. 2. How was the 1920’s a reaction to WWI? Women were giving more rights‚ people became interested in goods. 3. Some people think that having money leads to happiness. Do you agree? Why or why not? What are the advantages or disadvantages of being wealthy. I agree that money leads to happiness because if you don’t have money you can’t buy things‚ you can’t
Premium F. Scott Fitzgerald The Great Gatsby
AP U.S. History A People’s History of the United States Reading Guide and Assignment Chapter 7: “ As Long as the Grass Grows or Water Runs” Directions: As you read the chapter‚ think about and answer the following questions. What is the major theme in this chapter? The major theme was Native American survival and the effects of Americans taking their land‚ raiding their communities‚ and spreading diseases. What evidence does Zinn cite to illustrate the overall impact of Indian removal
Free United States Native Americans in the United States Thomas Jefferson
AP World History Chapter 14: Economic Transformations (Commerce and Consequence) 1450-1750 Directions: Define the following terms for chapter one. Describe who or what it is and explain the significance or importance. Prester John Trading post Empire Vasco da Gama Ferdinand Magellan Spanish Philippines British AND Dutch East India Companies Tokugawa Shogunate (and Shogun‚ daimyo and samurai AND relations with the world) Silver drain Potosí‚ Bolivia Little Ice Age and “soft gold” Atlantic slave
Premium Caribbean Slavery Atlantic slave trade
Chapter 11 Questions to be graded: 5. Were the experimental and control groups similar in their type of feeding? Provide a rationale for your answer. Answer: Yes the experimental and control groups are similar in their feeding type because 40.6% in the experimental group decided to breast-feed‚ and 41.7% in the control group decided to breast-feed‚ that’s only 1.1% difference. 53.1% of the experimental group bottle-fed while 50.0% of the control group bottle-fed‚ a small 3.1% difference. Finally
Premium Arithmetic mean Standard deviation Median
Chapter 3 risk and challenges IN EMERGING MARKETS Introduction This chapter will expose the students on potential risks faced by firms that are doing or currently planning to enter an emerging market. This chapter will detail each and every element of political‚ economic and legal risk. Discussions on how to reduce the impact of risks are also discussed at the end of the chapter. OBJECTIVES After studying this chapter‚ students should be able to: 1. Describe political‚ economic and legal
Premium Risk Investment Emerging markets