Economics Midterm

read/write head 1 5 out of 5 points scotch profit is defined as the difference between tax income and ________________. Selected attend: total economic cost pay off dish up: total economic cost apparent movement 2 5 out of 5 points In the shareholder wealth maximation model, the value of a firms stock is equal to the salute value of all expected future ___________ discounted at the stockholders undeniable rate of return. Selected Answer: profits Correct Answer: profits head word 3 0 out of 5 points A typical factor that creates principal-agent problems is Selected Answer: the greater number of agents sexual relation to the number of principals Correct Answer: unobservability of some manager-agent action Question 4 5 out of 5 points The net subject value of an investment represents Selected Answer: the expectedcontribution of that investment to the goal of shareholder wealthmaximization. Correct Answer: the expectedcontribution of that investment to the goal of shareholder wealthmaximization. Question 5 5 out of 5 points A remove in the level of an economic activity is desirable and should be undertaken as long as the marginal benefits exceed the _____________.

Selected Answer: marginal cost Correct Answer: marginal costs Question 6 0 out of 5 points direct the reasons why the quantity demanded of a product increases as the hurt of that product decreases. Selected Answer: a and b Correct Answer: a only Question 7 5 out of 5 points Which oneness of the following factors causes a movement along the demand wave? Selected Answer: decrease in price of the good demanded Correct Answer: decrease in price of the good demanded Question 8 5 out of 5 points _____________ have ban calculated income elasticity.... If you want to get a full essay, roam it on our website: Ordercustompaper.com

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