Chapter 8 Sample Multiple Choice Questions 1. In a competitive market‚ no single producer can influence the market price because a. many other sellers are offering a product that is essentially identical. b. consumers have more influence over the market price than producers do. c. government intervention prevents firms from influencing price. d. producers agree not to change the price. Suppose a firm in a competitive market received $1‚000 in total revenue and had a marginal revenue of $10 for the
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Pure Competition ANSWERS TO END-OF-CHAPTER QUESTIONS 21-1 Briefly state the basic characteristics of pure competition‚ pure monopoly‚ monopolistic competition‚ and oligopoly. Under which of these market classifications does each of the following most accurately fit? (a) a supermarket in your hometown; (b) the steel industry; (c) a Kansas wheat farm; (d) the commercial bank in which you or your family has an account; (e) the automobile industry. In each case justify your classification. Pure competition:
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Thyme Uses: Rub chopped leaves (fresh or dried) into beef‚ lamb‚ veal‚ or pork before roasting. Sprinkle over eggs‚ cheese dishes‚ vegetables‚ fish‚ or poultry. Add to soups‚ stews‚ stuffings‚ and rice. Brew into tea with a little rosemary and mint. Tarragon Uses: Chop the anise-flavored leaves for use in soups‚ salads‚ egg dishes‚ stews‚ and soft cheeses. Excellent with lamb. Serve in melted butter with fish‚ steak‚ or vegetables. Constituent of tartar sauce and many chutneys. Makes good
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Today is my birthday and I’m on holiday with my parents. We had been on the plane for three hours‚ then we had been on what seemed to be the longest journey ever‚ to the ski-resort in the French Alps. As I went downstairs to breakfast‚ I looked out of the windows and saw the mountains beaming at me. I felt the butterflies fluttering in my stomach. Mum and Dad were already eating breakfast‚ Mum had orange juice‚ apparently she’s on another diet. "Happy Birthday Anna" they cheered in unison. I had
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“Phenomenal Woman” by Maya Angelou is an inspiring poem that relates to women of all ages and races. It’s powerful message of loving one’s body and self is much needed in today’s society. Women today are being bombarded with the ideas that they should be perfect. The media plays a major role on how women perceive themselves‚ and these unrealistic views on beauty and thinness are causing self-destructing behaviors that are harmful to all women. The only way to fix this epidemic is to teach women
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The independent woman. Independence in women has got to be one of the greatest jumps in the history of television. For years in the entertainment industry women have been represented as a subservient service to the husband and children‚ incapable of doing anything great with themselves other then fulfilling their duties as a housewife and mother. Today‚ they are known to be capable of anything. Whether it is being a single mother‚ to being able to provide for herself‚ in pursuit of her dreams
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Directions: Read the article‚ “A Summary of Health Outcomes: Multistate Foodborne Disease Outbreaks in the U.S.‚ 1998-2007‚” and answer the questions below. • Answers must be complete sentences. • The assignment must be typed and submitted on Tuesday‚ February 19th prior to the exam. 1. What is a multistate FBDO? Multistate FBDO is a outbreaks that either spread to other states or originate from the same vector in multiple states at the same time.
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Does anybody know what the ideal woman is supposed to look like? Is this woman thin and tall or fat and short? Why are woman judged on how they look and how they dress‚ but males are not? Why are images of woman everywhere? Why do woman feel that they have to be gorgeous so society can love her? Believe it or not‚ society plays a big role in people lives. The biggest role it probably plays is how a female should look. For instance‚ if you look at the television‚ if you look at movies‚ and if
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Wonder woman is one of the greatest superheroes of all time. She was conceived as a symbol of loving femininity that would dominate the male instincts towards war and destruction; she does this through empowerment. Wonder Woman acts as a very condensed version of Charles Moulton‚ the creator of Wonder Woman‚ theories on gender and the urges of men and woman. Although misrepresenting his own theory of the humanity for men and women‚ Wonder Woman is the perfect allegory to Moulton’s idea that men
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the 1950s was suppressive and constrictive in many ways. Compared to the role of a woman today‚ the role of women in 1950 had different expectations‚ roles‚ and opportunity. Society had placed a high significance and many expectations on the performance at home as well as in public. Women were supposed to fulfill certain roles‚ such as a caring mother‚ a hard-working homemaker‚ and a submissive wife. “The perfect mother was supposed to stay home every day and nurture her children so that society
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