ECON 2020 – FINAL EXAM REVIEW Exam 1 Review Scarcity * A situation in which unlimited wants exceed the limited resources available to fulfill those wants. * Scarcity leads to CHOICE Choice * A situation caused by scarcity. * Leads to OPPORTUNITY COST Rational Choice (Marginal Cost & Benefit) * Rational consumers will use all available information as they act to achieve their goals * Marginal Benefit – The benefit that arises from an increase in an activity
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--------------- EXAM COVER SHEET NOTE: DO NOT REMOVE this exam paper from the exam venue EXAM DETAILS Course Code: Course Description: Date of exam: BUSM1094D Intro to Organisational Behaviour Start time of exam: 13:45 Duration of exam: 10/2/2012 2hr 15min Total number of pages (Incl. this cover sheet) 2 ALLOWABLE MATERIALS AND INSTRUCTIONS TO CANDIDATES 1. 2. Write your full name and student number on each exam booklet together with the number of exam books used.
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For your final‚ I will chose questions from this list” 1) Can a country have a trade deficit forever? 2) Use national demand and supply curves to show (a) the incentives for trade to begin between nations. (b) the effect on the likely pattern of trade of a change in technology in A that causes A’s national supply curve to shift out. (c) the effect on the likely pattern of trade of a change in tastes in B in favor of good S. 3) Given the input-output relationships in the table below:
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------------------------------------------------- FINAL EXAM REVIEW BE15-4. Lump-Sum Sales Ravonette Corporation issued 300 shares of $10 par value common stock and 100 shares of $50 par value preferred stock for a lump sum of $13‚500. The common stock has a market price of $20 per share‚ and the preferred stock has a market price of $90 per share. Prepare journal entry. | | | P15-2. Treasury Stock ProblemClemson Company had the following stockholders’ equity as of January 1‚ 2012.
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Name__________________ ID _______________________ Final Exam MBA501 Version A There are 25 multiple choice questions. Please select the one alternative that best answers each question. Each question is worth 3 points. 1) Suppose farms in the competitive market for potatoes are identical. Each farm’s long-run average cost is minimized at 500 pounds‚ and the corresponding minimum average cost is $0.20 per pound. If the long-run
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start of the exam. Part C which comprises question 4 will be distributed 120 minutes after the start of the exam. For Instructor Use Only Grade Achieved | Question Number | Marks | Minutes | Section | / | 1 | 12 | 30 | A55 minutes | / | 2 | 9 | 25 | | / | 3 | 28 | 70 | B | / | 4 | 21 | 55 | C | / 70 | Total | 70 | 180 | | Instructions that pertain to a potential examination disruption: Please immediately identify your exam and the pages
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Further‚ 79% of these women developed breast cancer. According to the American Cancer Society‚ one in 12 women will develop breast cancer at some time in their lives. Of the numbers mentioned‚ which are parameters? D. 79% and one in 12 3) Basic business research methods would be used to D. determine the effect of a 10% price increase on the sale of school supplies 4) The collection and summarization of the socioeconomic and physical characteristics of the employees of a particular firm is an example
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Cebu Graduate School of TheologyOctober 5‚ 2011 EC 661 TOEFL PrepLovely Joy B. Arididon Ms. Mary Larsen‚ professor Final Exam: Essay sectionGrade: _____________ Learning English this semester has been fun me. I learned a lot of things about the English language. I also discovered a lot of things about myself in respect to learning English. I was exposed to the language early but until now I am still amazed at how many things I still need to learn. As a second language learner‚ particularly
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OPS/571 Final Exam 1) __________ is when the activities in the stage must stop because there is no place to deposit the item just completed A. Buffering B. Blocking C. Starving D. Pacing 2) According to your text‚ the most common process metric is A. productivity B. efficiency C. utilization D. throughput time 3) Declining product prices A. increase the manufacturing costs B. lower the break-point C. result in lower manufacturing costs D. increase
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Final Exam PMBA 8030 TRACI’S SALON 1) Retail Hairstyling Industry Number of firms – many Entry conditions – easy Product type – few to many Conduct of firms – less aggressive Retail hairstyling industry is considered to be a monopolistic competition where there are many firms selling similar but not identical goods and services. In monopolistic markets‚ there are a large number of sellers and they can easily enter or leave the market. This is most common market in the U.S. economy‚ especially
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