ABBE 1013 MICROECONOMICS TUTORIAL 5 SECTION A: MULTIPLE-CHOICE QUESTIONS 1. If an increase in income results in an increase in the demand for chicken‚ then chicken is a/ an ___________________________. A. neutral good B. luxury good C. normal good D. inferior good 2. Two goods are complements if the ____________________. A. cross elasticity of demand is negative B. income elasticity of demand is negative C. cross elasticity of demand is positive
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the market. ANSWER: c restrict output and increase price. SECTION: 1 OBJECTIVE: 1 2. If government officials break a natural monopoly up into several smaller firms‚ then a. competition will force firms to attain economic profits rather than accounting profits. b. competition will force firms to produce surplus output‚ which drives up price. c. the average costs of production will increase. d. the average costs of production will decrease. ANSWER: c the average
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1 Introduction ANSWERS TO MULTIPLE CHOICE QUESTIONS 1. Using a calculator to multiply the length by the width gives a raw answer of 6783 m 2 ‚ but this answer must be rounded to contain the same number of significant figures as the least accurate factor in the product. The least accurate factor is the length‚ which contains either 2 or 3 significant figures‚ depending on whether the trailing zero is significant or is being used only to locate the decimal point. Assuming the length contains 3 significant
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RESUME VINEET KUMAR P & T Colony‚ T-II-17‚ Goshala Road Mithanpura‚ Muzaffarpur Bihar- 842002 Contact No.: +919470264126 E-mail: vineet_muz@hotmail.com CAREER OBJECTIVE Seeking a position of Programmer/Developer in the field of IT where fresh talent will add value to operations and utilize my skills and abilities. PROFESSIONAL EDUCATION MCA (Pursuing) [2008-11] from L. N. Mishra College of Business Management‚ Muzaffarpur Condensed Diploma in Hardware & Networking from Govt. Polytechnic College
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Chapter 01 The Cycles of the Sky Multiple Choice Questions 1. After a full moon‚ about how long is it until the next new moon? A. A month B. Two weeks C. A week D. Six hours 2. If there is a full moon visible from Paris one evening‚ twelve hours later in Australia there will be a _________ visible. A. Full moon B. New moon C. First quarter moon D. Crescent moon 3. Directly above the Earth’s equator lies the ______________ in the sky. A. North celestial pole B. South celestial pole
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BA 213 - Test#1 Review Instructor: Usha Ramanujam Dear Students‚ I have indicated answers to the test review questions in BOLD. You can highlight the entire review and remove the bold feature before you start working on these questions and then verify the answers. Also‚ detailed solutions are given for q.38 and q.40 /Usha 1. Thread used in the production of mattresses‚ an indirect material‚ is classified as manufacturing overhead. TRUE/ False 2. Prime cost and conversion
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MULTIPLE CHOICE 1. The owner’s equity in a business amounted to $56‚000 at the beginning of the year and $100‚000 at the end of the year. The owner had made no additional investments and had withdrawn $19‚000 during the year. The net income for the year amounted to a. $76‚000. b. $67‚000. c. $63‚000. d. $188‚000. ANS: C DIF: Medium OBJ: LO 6-1 MSC: AACSB Analytic 4. Changes in owner’s equity that result from investments or withdrawals of assets by the owner are included in the a. statement
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CHAPTER 29 Multiple Choice ALPHEBETIZED ________ is the most common type of fetal testing. Amniocentesis A chromosomal aberration in which part of a chromosome is lost is known as ________. deletion A female infant is born with several hundred oocytes‚ each one genetically unique. This is due to ________. independent assortment and random crossover An allele that can be masked or suppressed by another allele is said to be __________.Recessive A couple whose blood types are A (IAi) and B
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CHAPTER 13: THE FEDERAL BUREAUCRACY [pic] Multiple Choice Questions 1. Which of the following elements are necessary for bureaucracy according to Max Weber? a. Hierarchical authority structure b. Task specialization c. Rules d. Impersonality e. All of these are necessary according to Weber. 2. Most Americans a. are generally satisfied with the help they receive from bureaucrats. b. dislike bureaucrats. c. actually like bureaucracies.
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early age b. Someone who gets to the sales early c. Someone who buys new products & technologies when they first come out d. Someone who quickly learns how to put together self assembly equipment e. Someone who makes a lot of use of social‚ interactive media 3. Which of the following is a theory of motivation we can use to analyze why we buy things (Maslow)? a. Marconi’s Principle b. Mustang Mayhem c. Monterray Ladder d. Maslow’s Hierarchy e. Melissa’s Steps
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