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 Final Examination Eco Essay

13/3/27

ECO518T022013: Final Exam

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Started in Wednesday, 27 March 2013, 06: 2009 AM Finished on Wednesday, 27 03 2013, 07: 13 ARE Time taken 1 hour 3 mins Signifies 18/20 Quality Feedback 180 out of the maximum of 2 hundred (90%) Superb performance, you may have clearly learned this material and they are ready to move on.

1

Markings: 1

Regarding agricultural items: Choose one answer.

a. the importance of exports is greater than the importance of imports w. the value of export products is lower than the value of imports c. the value of exports is equal to the value of imports d. the importance of exports as well as the value of imports are generally not measurable

Appropriate

Marks for this submission: 1/1.

2

Marks: 1

The internal rate of return equates to the cost of capital when Choose one answer. a. NPV sama dengan 0. m. NPV > 0. c. NPV < 0.

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1/7

13/3/27

ECO518T022013: Final Exam

d. non-e of the previously mentioned.

Correct

Marks for this submission: 1/1.

Presume a firm utilizes 10 workers and pays each $15 per hour. Even more assume that the MP in the 10th staff member is your five units of output and Marks: which the price with the output is usually $4. Relating to economical theory, inside the 1 short run,

3

Choose one answer.

a. the company should seek the services of additional personnel. b. the firm should certainly reduce the number of workers used. c. the firm will need to continue to make use of 10 employees. d. Additional information is required to answer this issue.

Correct

Marks for this distribution: 1/1.

5

Marks: you

A movement along a demand curve could possibly be caused by a change in: Choose one solution. a. the non-price determinants of demand. b. the change in client expectations. c. the enhancements made on demand. deb. the difference in supply.

Incorrect

Marks for this submission: 0/1.

The Cross-price-elasticity of demand for coffee and coffee-cream is Marks: likely to be

5

you

Choose one answer.

a. More than zero m. Less than actually zero c. Zero d. Infinitude, infiniteness

Correct

Signifies for this submitting: 1/1.

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2/7

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ECO518T022013: Final Test

6

Signifies: 1

Monetary Risk takes place due to versions in comes back which: Choose one answer. a. is caused by power b. is due to the ups and downs of the economy c. is a result of changes in government regulations m. is a result of within exchange costs

Correct

Marks for this submission: 1/1.

Which in turn of the following will result in a decrease in with regard to residential Marks: housing inside the short run?

six

1

Select one answer.

a. a decrease in the price of wood b. a rise in the salary of carpenters c. a decrease in actual household incomes d. a decrease in the amount paid of non commercial housing

Accurate

Marks with this submission: 1/1.

When two mutually exclusive jobs are considered, the NPV Signifies: calculations plus the IRR calculations may, beneath certain instances, give conflicting recommendations concerning which job 1 to accept. The reason for this kind of result is that in the NPV calculation, money inflows will be assumed to become reinvested on the cost of capital, while in the IRR solution, reinvestment takes place at

8

Choose one answer.

a. the difficulty rate. b. the accounting rate of return. c. the prime rate. d. the project's inside rate of return.

Correct

Marks for this submission: 1/1.

9

Managerial economics is most beneficial defined as the economic examine of 3/7

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13/3/27

ECO518T022013: Final Exam

Marks: you

Choose one answer.

a. how businesses will make the most income. b. just how businesses can decide on the best utilization of scarce assets. c. how businesses may operate with the lowest costs. d. how businesses sell the most products.

Correct...

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