Microeconomics Tutorials #1
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The document discusses microeconomics concepts like production possibilities curves, opportunity cost, and factors of production. It provides sample multiple choice questions that test understanding of these microeconomic concepts, such as how the slope of a production possibilities curve represents the opportunity cost of producing more of one good. It also includes examples of using production possibilities curves to illustrate concepts like inefficient use of resources and the impact of economic growth.
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Microeconomics Tutorials #2
Microeconomics deals with how individuals and societies make choices with limited resources. It is divided into microeconomics and macroeconomics. Microeconomics examines individual units like households and firms, and includes topics like supply and demand. The production possibilities frontier is a model that shows the tradeoffs between two goods based on limited resources. It has an inward sloping curve indicating increasing opportunity costs as more is produced of one good.
Micro Tutorials #2 with answer
This document contains a 12 question microeconomics quiz covering concepts like scarcity, opportunity cost, production possibilities frontiers, and efficiency. Questions ask about definitions of economic terms, identifying opportunity costs of various production choices, and determining points on a production possibilities frontier graph. The quiz concludes with a production possibilities table for cotton and corn in Egypt and questions involving calculating opportunity costs of different production combinations based on the data in the table.
Microeconomics Tutorials #4 continue
This document contains a microeconomics quiz with multiple choice and true/false questions that assess fundamental microeconomic concepts such as scarcity, demand and supply, equilibrium, opportunity cost, and production possibilities frontiers. It also includes sample exam questions requiring the use of demand/supply diagrams and production possibilities frontier graphs to illustrate economic scenarios and analyze shifts in equilibrium.
Microeconomics Tutorials #4
The document discusses microeconomics concepts related to supply and demand graphs. It includes multiple choice questions and graphing exercises about:
1) Changes in supply and demand curves and how they impact equilibrium price and quantity.
2) Equations representing supply and demand schedules and calculating equilibrium points.
3) Graphing the impact of various market changes, like a crop failure or new technology, on related markets.
4) Filling in excess demand/supply values from supply and demand schedules and identifying equilibrium.
5) Identifying equilibrium prices and quantities, as well as disequilibrium situations, from supply and demand graphs.
Production possibilities curves
This document discusses production possibilities curves, which show the alternative combinations of goods and services an economy can produce given limited resources. The production possibilities frontier line represents the maximum output attainable and shows the trade-offs between different goods. Points inside the frontier indicate underutilization of resources, while shifts in the curve reflect economic growth or shrinkage. The opportunity cost of producing more of one good is given up production of another good.
ppc-ppl-ppf-tc-c
1. The production possibility curve (PPC) shows the combinations of two goods an economy can produce with full employment of resources and a given technology.
2. The PPC assumes resources are fully and efficiently used and technology remains constant. Points on the curve indicate maximum potential output combinations while points inside the curve represent underutilization of resources.
3. An outward shift of the PPC occurs when resources increase, allowing more of both goods to be produced. A leftward shift happens when resources decrease, reducing the potential output of both goods.
191319
The document discusses key concepts in microeconomics including:
1) Utility refers to how consumers rank goods and services based on satisfaction. Marginal utility is the additional satisfaction from consuming one more unit of a good. The law of diminishing marginal utility states that utility grows at a slower rate as more is consumed.
2) Consumers maximize utility when the marginal utility per dollar is equal for all goods purchased. Demand curves slope downward because consumers want less of a good at a higher price. Substitution and income effects explain how consumption changes when a good's price increases.
3) Elasticity measures the responsiveness of quantity to price changes. Demand is more inelastic for addictive drugs than casual drugs.
ppc lectures nangati marshal 2017
This document provides contact details for Nangati T. Marshal and an overview of a lecture on production possibilities and opportunity costs. It includes:
1) Contact information for Nangati T. Marshal including email and phone number.
2) An introduction to the production possibilities frontier (PPF) as a graph showing the maximum combinations of goods that can be produced with limited resources.
3) Assumptions made in the PPF model including fixed resources, technology, and time period.
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Microeconomics Tutorials #2
Microeconomics deals with how individuals and societies make choices with limited resources. It is divided into microeconomics and macroeconomics. Microeconomics examines individual units like households and firms, and includes topics like supply and demand. The production possibilities frontier is a model that shows the tradeoffs between two goods based on limited resources. It has an inward sloping curve indicating increasing opportunity costs as more is produced of one good.
Micro Tutorials #2 with answer
This document contains a 12 question microeconomics quiz covering concepts like scarcity, opportunity cost, production possibilities frontiers, and efficiency. Questions ask about definitions of economic terms, identifying opportunity costs of various production choices, and determining points on a production possibilities frontier graph. The quiz concludes with a production possibilities table for cotton and corn in Egypt and questions involving calculating opportunity costs of different production combinations based on the data in the table.
Microeconomics Tutorials #4 continue
This document contains a microeconomics quiz with multiple choice and true/false questions that assess fundamental microeconomic concepts such as scarcity, demand and supply, equilibrium, opportunity cost, and production possibilities frontiers. It also includes sample exam questions requiring the use of demand/supply diagrams and production possibilities frontier graphs to illustrate economic scenarios and analyze shifts in equilibrium.
Microeconomics Tutorials #4
The document discusses microeconomics concepts related to supply and demand graphs. It includes multiple choice questions and graphing exercises about:
1) Changes in supply and demand curves and how they impact equilibrium price and quantity.
2) Equations representing supply and demand schedules and calculating equilibrium points.
3) Graphing the impact of various market changes, like a crop failure or new technology, on related markets.
4) Filling in excess demand/supply values from supply and demand schedules and identifying equilibrium.
5) Identifying equilibrium prices and quantities, as well as disequilibrium situations, from supply and demand graphs.
Production possibilities curves
This document discusses production possibilities curves, which show the alternative combinations of goods and services an economy can produce given limited resources. The production possibilities frontier line represents the maximum output attainable and shows the trade-offs between different goods. Points inside the frontier indicate underutilization of resources, while shifts in the curve reflect economic growth or shrinkage. The opportunity cost of producing more of one good is given up production of another good.
ppc-ppl-ppf-tc-c
1. The production possibility curve (PPC) shows the combinations of two goods an economy can produce with full employment of resources and a given technology.
2. The PPC assumes resources are fully and efficiently used and technology remains constant. Points on the curve indicate maximum potential output combinations while points inside the curve represent underutilization of resources.
3. An outward shift of the PPC occurs when resources increase, allowing more of both goods to be produced. A leftward shift happens when resources decrease, reducing the potential output of both goods.
191319
The document discusses key concepts in microeconomics including:
1) Utility refers to how consumers rank goods and services based on satisfaction. Marginal utility is the additional satisfaction from consuming one more unit of a good. The law of diminishing marginal utility states that utility grows at a slower rate as more is consumed.
2) Consumers maximize utility when the marginal utility per dollar is equal for all goods purchased. Demand curves slope downward because consumers want less of a good at a higher price. Substitution and income effects explain how consumption changes when a good's price increases.
3) Elasticity measures the responsiveness of quantity to price changes. Demand is more inelastic for addictive drugs than casual drugs.
ppc lectures nangati marshal 2017
This document provides contact details for Nangati T. Marshal and an overview of a lecture on production possibilities and opportunity costs. It includes:
1) Contact information for Nangati T. Marshal including email and phone number.
2) An introduction to the production possibilities frontier (PPF) as a graph showing the maximum combinations of goods that can be produced with limited resources.
3) Assumptions made in the PPF model including fixed resources, technology, and time period.
Notes Production Possibilities Curve
The document summarizes a production possibilities curve showing the tradeoff between producing pizzas and robots with full employment and productive efficiency. It notes that:
1) As the economy moves along the curve to produce more of one item, it must produce less of the other, with the cost of each additional unit rising.
2) To operate at a point on the curve, the economy must be efficiently allocating its limited resources between the two products.
3) The curve illustrates the law of increasing opportunity costs - the more of one product produced, the greater the costs are in terms of forgone production of the other product.
Production possibillities frontier
A production possibilities graph shows the maximum amounts of two goods an economy can produce given limited resources. It demonstrates efficiency by showing production on the frontier curve, and inefficiency within. An economy's possibilities depend on available resources and technology. Underutilization occurs when resources are not fully used, such as during a labor shortage or war, while growth comes from more resources, exports, technology or land.
Economics Chapter 2 Assignments
The document discusses key economic concepts such as wants, goods, services, scarcity, opportunity cost, diminishing marginal utility, and production possibilities frontier. It provides definitions and examples for students to demonstrate their understanding of these terms. Students are asked to create pictowords, flowcharts, and graphs, and describe decisions they have made to illustrate these economic principles.
Ap micro unit_1_practice_questions
This document contains 15 multiple choice practice questions from an AP Microeconomics unit on basic economic concepts. The questions cover topics like scarcity, opportunity cost, production possibilities curves, and the circular flow model. They assess understanding of key foundations of microeconomics.
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The document discusses key economic concepts including the production possibility frontier (PPF), opportunity cost, comparative advantage, and absolute advantage. It explains that the PPF represents the most efficient allocation of resources and shows the tradeoffs between producing different goods. Opportunity cost is the value of the next best alternative forgone. Countries specialize in producing goods where they have a comparative advantage in order to benefit from trade. Absolute advantage occurs when a country can produce more of both goods than another country.
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The document discusses the concept of demand in economics. It defines demand and outlines several demand concepts, including negative demand, latent demand, and derived demand. It also discusses the law of demand and how demand schedules and curves illustrate the inverse relationship between price and quantity demanded. The document then covers determinants of changes in demand, different types of demand functions, and how shifts in demand curves impact equilibrium price.
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The Production Possibility Curve (PPC) shows the combinations of two goods an economy can produce with its limited resources. It illustrates the core economic problem of scarcity and choice. A PPC demonstrates that an economy must choose between different goods - it can produce more of one good only by reducing production of the other as resources are reallocated between uses. The opportunity cost of choosing one combination over another is the quantity of the forgone good.
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The document discusses production possibilities frontiers and opportunity costs. It explains how fixed resources can be allocated between two production options, like wheat and cotton, with all possible production combinations falling along the frontier curve. As resources are reallocated between the options, the opportunity cost may remain constant if the goods are perfect substitutes, or increase if they are not perfect substitutes.
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1. The document discusses macroeconomic equilibrium concepts including aggregate expenditure, real GDP, inflation, GDP, investment multiplier, and inflationary and recessionary gaps.
2. It explains the investment multiplier formula and provides an example of calculating the multiplier effect.
3. Several macroeconomic theories are mentioned including Keynesian, Monetarist and New Classical approaches in the context of analyzing inflationary and recessionary gaps.
Principle of comparative advantage
This document discusses the principles of comparative advantage and absolute advantage in international trade. It explains that comparative advantage refers to a country's ability to produce a good at a lower opportunity cost than other countries, even if it is not the most efficient overall producer. The document provides examples to illustrate comparative advantage between two countries in producing cotton and wheat. It shows that both countries can benefit from specializing in the good they have a comparative advantage in and trading, resulting in overall surplus gains. Some assumptions and limitations of the comparative advantage model are also outlined.
ppcmcq
The document discusses key economic concepts including:
1) Economics is the study of how society allocates scarce resources to meet its unlimited wants. Scarcity means human desires exceed available resources.
2) The fundamental economic problem is scarcity of resources relative to human wants. This means societies must choose how to use limited resources to fulfill goals.
3) The production possibilities curve illustrates scarcity and opportunity costs - increasing one good requires reducing another due to finite resources. It curves outward to show greater sacrifice is needed for additional units of a good.
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This document appears to be instructions for an economics entrance exam in India. It provides details about the exam such as the date, time limit, number of questions, and scoring information. It instructs students to write their hall ticket number on the paper and answer sheet. It indicates there are two sections, with Section A having 25 questions and Section B having 75 questions. Use of a non-programmable calculator is allowed.
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This document appears to be a sample midterm exam for a principles of macroeconomics course. It contains 20 multiple choice questions testing concepts like cost-benefit analysis, supply and demand, and macroeconomic indicators. It also includes short answer questions defining terms like substitutes/complements and asking students to apply concepts like diminishing returns. The exam instructions note it is closed book and calculators are allowed.
Ppc
This document contains 6 practice questions about production possibility frontiers (PPF). It covers key concepts such as opportunity cost, shifts in the PPF curve, and how events like technological progress, economic growth, and resource allocation affect the PPF. For each question, it asks the reader to define terms, draw and analyze PPF diagrams, and discuss implications for efficiency and economic performance.
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This document provides a syllabus and study material for the Economics class of Class XII in 2014-15. It outlines the course content, which is divided into two parts - Introductory Microeconomics and Introductory Macroeconomics. The Microeconomics section covers topics such as consumer behavior, producer behavior, market structures, and the introduction lesson. The introduction lesson defines key economic concepts such as scarcity, choice, opportunity cost and presents the production possibility curve. It also describes the three basic economic problems of what to produce, how to produce and for whom to produce. The document provides sample questions for students and a test paper with questions from the introduction lesson.
Multiple Choice Questions. Choose the one alternative that best
Multiple Choice Questions. Choose the one alternative that best answers the question. 2 points each.
1)
Successful supply chain management requires which of the following decision phases?
1)
_______
A)
Supply chain strategy/design
B)
Supply chain operation
C)
Supply chain planning
D)
all of the above
E)
A and B only
2)
Supply chain surplus involves what two parts?
2)
_______
A)
Reliable transportation and supply chain cost
B)
Manufacturing cost and selling price
C)
Customer value and high quality products
D)
Customer value and supply chain cost
3)
Successful supply chain management requires many decisions relating to the flow of information, product, and funds. These decisions fall into three categories or phases. Which of the following is NOT one of these categories?
3)
_______
A)
Supply Chain Strategy and Design
B)
Supply Chain Operation
C)
Supply Chain Alliances
D)
Supply Chain Planning
4)
Customer arrival refers to
4)
_______
A)
the customer informing the retailer of what they want to purchase and the retailer allocating product to the customer.
B)
the process where product is prepared and sent to the customer.
C)
the process where the customer receives the product and takes ownership.
D)
the point in time when the customer has access to choices and makes a decision regarding a purchase.
E)
none of the above
5)
Which of the following is
not
a process in the customer order cycle?
5)
_______
A)
Customer order fulfillment
B)
Customer arrival
C)
Customer order receiving
D)
Customer order entry
E)
All are processes in the customer order cycle.
6)
Supply chain responsiveness includes the ability to do which of the following?
6)
_______
A)
Handle supply uncertainty
B)
Match supply chain responsiveness with the implied uncertainty of demand
C)
Ensure that all functional strategies within the supply chain support the supply chain's level of responsiveness
D)
Understand customers and supply chain uncertainty
E)
none of the above
7)
The key weakness of the ________ view is that different functions within a firm may have conflicting objectives.
7)
_______
A)
Intrafunctional scope
B)
Intercompany scope
C)
Intraoperation scope
D)
Interfunctional scope
8)
Supply chain responsiveness includes the ability to do which of the following?
8)
_______
A)
Meet short lead times
B)
Ensure that all functional strategies within the supply chain support the supply chain's level of responsiveness
C)
Match supply chain responsiven ...
ASCM 631 – Integrative Supply Chain Management – Midterm Examinati.docx
ASCM 631 – Integrative Supply Chain Management – Midterm Examination
Multiple Choice Questions. Choose the one alternative that best answers the question. 2 points each.
1)
Successful supply chain management requires which of the following decision phases?
1)
_______
A)
Supply chain strategy/design
B)
Supply chain operation
C)
Supply chain planning
D)
all of the above
E)
A and B only
2)
Supply chain surplus involves what two parts?
2)
_______
A)
Reliable transportation and supply chain cost
B)
Manufacturing cost and selling price
C)
Customer value and high quality products
D)
Customer value and supply chain cost
3)
Successful supply chain management requires many decisions relating to the flow of information, product, and funds. These decisions fall into three categories or phases. Which of the following is NOT one of these categories?
3)
_______
A)
Supply Chain Strategy and Design
B)
Supply Chain Operation
C)
Supply Chain Alliances
D)
Supply Chain Planning
4)
Customer arrival refers to
4)
_______
A)
the customer informing the retailer of what they want to purchase and the retailer allocating product to the customer.
B)
the process where product is prepared and sent to the customer.
C)
the process where the customer receives the product and takes ownership.
D)
the point in time when the customer has access to choices and makes a decision regarding a purchase.
E)
none of the above
5)
Which of the following is not a process in the customer order cycle?
5)
_______
A)
Customer order fulfillment
B)
Customer arrival
C)
Customer order receiving
D)
Customer order entry
E)
All are processes in the customer order cycle.
6)
Supply chain responsiveness includes the ability to do which of the following?
6)
_______
A)
Handle supply uncertainty
B)
Match supply chain responsiveness with the implied uncertainty of demand
C)
Ensure that all functional strategies within the supply chain support the supply chain's level of responsiveness
D)
Understand customers and supply chain uncertainty
E)
none of the above
7)
The key weakness of the ________ view is that different functions within a firm may have conflicting objectives.
7)
_______
A)
Intrafunctional scope
B)
Intercompany scope
C)
Intraoperation scope
D)
Interfunctional scope
8)
Supply chain responsiveness includes the ability to do which of the following?
8)
_______
A)
Meet short lead times
B)
Ensure that all functional strategies within the supply chain support the supply chain's level of responsiveness
C)
Match supply chain responsiveness with the implied uncertainty of demand
D)
Understand customers and supply chain
E)
all of the above
9)
A supply chain strategy involves decisions regarding all of the following except
9)
_______
A)
operating facilities.
B)
transportation.
C)
inventory.
D)
information flows.
E)
new product development.
10)
Pricing directly affects revenues but.
Eco 365 final exams
This document provides a sample economics final exam with 30 multiple choice questions covering topics in microeconomics and macroeconomics. The questions assess understanding of concepts like elasticity, costs of production, market structures, international trade, and more. Taking this exam would help evaluate a student's mastery of core economic principles and applications.
Bus 475 final exam 100 questions with answers 4th set answers are here
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Eco 365 final exam
An economist studying the relationship between money supply, interest rates, and inflation rate is engaged in macroeconomic research, which examines an economy's overall performance rather than individual choices. A basic difference between microeconomics and macroeconomics is that microeconomics examines individual choices while macroeconomics considers overall economic performance. After years of slow growth, rising global demand for oil was met by increased non-OPEC supplies, and OPEC was unable to restrain output to lift prices, reflecting a rightward shift of the demand curve for oil.
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The document summarizes a production possibilities curve showing the tradeoff between producing pizzas and robots with full employment and productive efficiency. It notes that:
1) As the economy moves along the curve to produce more of one item, it must produce less of the other, with the cost of each additional unit rising.
2) To operate at a point on the curve, the economy must be efficiently allocating its limited resources between the two products.
3) The curve illustrates the law of increasing opportunity costs - the more of one product produced, the greater the costs are in terms of forgone production of the other product.
Production possibillities frontier
A production possibilities graph shows the maximum amounts of two goods an economy can produce given limited resources. It demonstrates efficiency by showing production on the frontier curve, and inefficiency within. An economy's possibilities depend on available resources and technology. Underutilization occurs when resources are not fully used, such as during a labor shortage or war, while growth comes from more resources, exports, technology or land.
Economics Chapter 2 Assignments
The document discusses key economic concepts such as wants, goods, services, scarcity, opportunity cost, diminishing marginal utility, and production possibilities frontier. It provides definitions and examples for students to demonstrate their understanding of these terms. Students are asked to create pictowords, flowcharts, and graphs, and describe decisions they have made to illustrate these economic principles.
Ap micro unit_1_practice_questions
This document contains 15 multiple choice practice questions from an AP Microeconomics unit on basic economic concepts. The questions cover topics like scarcity, opportunity cost, production possibilities curves, and the circular flow model. They assess understanding of key foundations of microeconomics.
IIIE SECTION A ECONOMICS NOTES Ppf
The document discusses key economic concepts including the production possibility frontier (PPF), opportunity cost, comparative advantage, and absolute advantage. It explains that the PPF represents the most efficient allocation of resources and shows the tradeoffs between producing different goods. Opportunity cost is the value of the next best alternative forgone. Countries specialize in producing goods where they have a comparative advantage in order to benefit from trade. Absolute advantage occurs when a country can produce more of both goods than another country.
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2. demand
The document discusses the concept of demand in economics. It defines demand and outlines several demand concepts, including negative demand, latent demand, and derived demand. It also discusses the law of demand and how demand schedules and curves illustrate the inverse relationship between price and quantity demanded. The document then covers determinants of changes in demand, different types of demand functions, and how shifts in demand curves impact equilibrium price.
Production Possibility Curves
The Production Possibility Curve (PPC) shows the combinations of two goods an economy can produce with its limited resources. It illustrates the core economic problem of scarcity and choice. A PPC demonstrates that an economy must choose between different goods - it can produce more of one good only by reducing production of the other as resources are reallocated between uses. The opportunity cost of choosing one combination over another is the quantity of the forgone good.
Tanzania Livestock Sector Analysis: Context for future scenario analysis
Presented by Stephen Michael at the Tanzania Livestock Master Plan Technical Advisory Committee Meeting, Dar es Salaam, 23 June 2016
Hs ppf
The document discusses production possibilities frontiers and opportunity costs. It explains how fixed resources can be allocated between two production options, like wheat and cotton, with all possible production combinations falling along the frontier curve. As resources are reallocated between the options, the opportunity cost may remain constant if the goods are perfect substitutes, or increase if they are not perfect substitutes.
Peng Kungkea trade balance
1. The document discusses macroeconomic equilibrium concepts including aggregate expenditure, real GDP, inflation, GDP, investment multiplier, and inflationary and recessionary gaps.
2. It explains the investment multiplier formula and provides an example of calculating the multiplier effect.
3. Several macroeconomic theories are mentioned including Keynesian, Monetarist and New Classical approaches in the context of analyzing inflationary and recessionary gaps.
Principle of comparative advantage
This document discusses the principles of comparative advantage and absolute advantage in international trade. It explains that comparative advantage refers to a country's ability to produce a good at a lower opportunity cost than other countries, even if it is not the most efficient overall producer. The document provides examples to illustrate comparative advantage between two countries in producing cotton and wheat. It shows that both countries can benefit from specializing in the good they have a comparative advantage in and trading, resulting in overall surplus gains. Some assumptions and limitations of the comparative advantage model are also outlined.
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Tanzania Livestock Sector Analysis: Context for future scenario analysis
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ppcmcq
The document discusses key economic concepts including:
1) Economics is the study of how society allocates scarce resources to meet its unlimited wants. Scarcity means human desires exceed available resources.
2) The fundamental economic problem is scarcity of resources relative to human wants. This means societies must choose how to use limited resources to fulfill goals.
3) The production possibilities curve illustrates scarcity and opportunity costs - increasing one good requires reducing another due to finite resources. It curves outward to show greater sacrifice is needed for additional units of a good.
ma hyderabad economics 2014
This document appears to be instructions for an economics entrance exam in India. It provides details about the exam such as the date, time limit, number of questions, and scoring information. It instructs students to write their hall ticket number on the paper and answer sheet. It indicates there are two sections, with Section A having 25 questions and Section B having 75 questions. Use of a non-programmable calculator is allowed.
gymnastic instructor
This document appears to be a sample midterm exam for a principles of macroeconomics course. It contains 20 multiple choice questions testing concepts like cost-benefit analysis, supply and demand, and macroeconomic indicators. It also includes short answer questions defining terms like substitutes/complements and asking students to apply concepts like diminishing returns. The exam instructions note it is closed book and calculators are allowed.
Ppc
This document contains 6 practice questions about production possibility frontiers (PPF). It covers key concepts such as opportunity cost, shifts in the PPF curve, and how events like technological progress, economic growth, and resource allocation affect the PPF. For each question, it asks the reader to define terms, draw and analyze PPF diagrams, and discuss implications for efficiency and economic performance.
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Multiple Choice Questions. Choose the one alternative that best
Multiple Choice Questions. Choose the one alternative that best answers the question. 2 points each.
1)
Successful supply chain management requires which of the following decision phases?
1)
_______
A)
Supply chain strategy/design
B)
Supply chain operation
C)
Supply chain planning
D)
all of the above
E)
A and B only
2)
Supply chain surplus involves what two parts?
2)
_______
A)
Reliable transportation and supply chain cost
B)
Manufacturing cost and selling price
C)
Customer value and high quality products
D)
Customer value and supply chain cost
3)
Successful supply chain management requires many decisions relating to the flow of information, product, and funds. These decisions fall into three categories or phases. Which of the following is NOT one of these categories?
3)
_______
A)
Supply Chain Strategy and Design
B)
Supply Chain Operation
C)
Supply Chain Alliances
D)
Supply Chain Planning
4)
Customer arrival refers to
4)
_______
A)
the customer informing the retailer of what they want to purchase and the retailer allocating product to the customer.
B)
the process where product is prepared and sent to the customer.
C)
the process where the customer receives the product and takes ownership.
D)
the point in time when the customer has access to choices and makes a decision regarding a purchase.
E)
none of the above
5)
Which of the following is
not
a process in the customer order cycle?
5)
_______
A)
Customer order fulfillment
B)
Customer arrival
C)
Customer order receiving
D)
Customer order entry
E)
All are processes in the customer order cycle.
6)
Supply chain responsiveness includes the ability to do which of the following?
6)
_______
A)
Handle supply uncertainty
B)
Match supply chain responsiveness with the implied uncertainty of demand
C)
Ensure that all functional strategies within the supply chain support the supply chain's level of responsiveness
D)
Understand customers and supply chain uncertainty
E)
none of the above
7)
The key weakness of the ________ view is that different functions within a firm may have conflicting objectives.
7)
_______
A)
Intrafunctional scope
B)
Intercompany scope
C)
Intraoperation scope
D)
Interfunctional scope
8)
Supply chain responsiveness includes the ability to do which of the following?
8)
_______
A)
Meet short lead times
B)
Ensure that all functional strategies within the supply chain support the supply chain's level of responsiveness
C)
Match supply chain responsiven ...
ASCM 631 – Integrative Supply Chain Management – Midterm Examinati.docx
ASCM 631 – Integrative Supply Chain Management – Midterm Examination
Multiple Choice Questions. Choose the one alternative that best answers the question. 2 points each.
1)
Successful supply chain management requires which of the following decision phases?
1)
_______
A)
Supply chain strategy/design
B)
Supply chain operation
C)
Supply chain planning
D)
all of the above
E)
A and B only
2)
Supply chain surplus involves what two parts?
2)
_______
A)
Reliable transportation and supply chain cost
B)
Manufacturing cost and selling price
C)
Customer value and high quality products
D)
Customer value and supply chain cost
3)
Successful supply chain management requires many decisions relating to the flow of information, product, and funds. These decisions fall into three categories or phases. Which of the following is NOT one of these categories?
3)
_______
A)
Supply Chain Strategy and Design
B)
Supply Chain Operation
C)
Supply Chain Alliances
D)
Supply Chain Planning
4)
Customer arrival refers to
4)
_______
A)
the customer informing the retailer of what they want to purchase and the retailer allocating product to the customer.
B)
the process where product is prepared and sent to the customer.
C)
the process where the customer receives the product and takes ownership.
D)
the point in time when the customer has access to choices and makes a decision regarding a purchase.
E)
none of the above
5)
Which of the following is not a process in the customer order cycle?
5)
_______
A)
Customer order fulfillment
B)
Customer arrival
C)
Customer order receiving
D)
Customer order entry
E)
All are processes in the customer order cycle.
6)
Supply chain responsiveness includes the ability to do which of the following?
6)
_______
A)
Handle supply uncertainty
B)
Match supply chain responsiveness with the implied uncertainty of demand
C)
Ensure that all functional strategies within the supply chain support the supply chain's level of responsiveness
D)
Understand customers and supply chain uncertainty
E)
none of the above
7)
The key weakness of the ________ view is that different functions within a firm may have conflicting objectives.
7)
_______
A)
Intrafunctional scope
B)
Intercompany scope
C)
Intraoperation scope
D)
Interfunctional scope
8)
Supply chain responsiveness includes the ability to do which of the following?
8)
_______
A)
Meet short lead times
B)
Ensure that all functional strategies within the supply chain support the supply chain's level of responsiveness
C)
Match supply chain responsiveness with the implied uncertainty of demand
D)
Understand customers and supply chain
E)
all of the above
9)
A supply chain strategy involves decisions regarding all of the following except
9)
_______
A)
operating facilities.
B)
transportation.
C)
inventory.
D)
information flows.
E)
new product development.
10)
Pricing directly affects revenues but.
Eco 365 final exams
This document provides a sample economics final exam with 30 multiple choice questions covering topics in microeconomics and macroeconomics. The questions assess understanding of concepts like elasticity, costs of production, market structures, international trade, and more. Taking this exam would help evaluate a student's mastery of core economic principles and applications.
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Eco 365 final exam
An economist studying the relationship between money supply, interest rates, and inflation rate is engaged in macroeconomic research, which examines an economy's overall performance rather than individual choices. A basic difference between microeconomics and macroeconomics is that microeconomics examines individual choices while macroeconomics considers overall economic performance. After years of slow growth, rising global demand for oil was met by increased non-OPEC supplies, and OPEC was unable to restrain output to lift prices, reflecting a rightward shift of the demand curve for oil.
1.The aggregate supply curve relating the price level to real GDP.docx
The document discusses key concepts in macroeconomics including:
1. The aggregate supply curve has three segments - horizontal, upward sloping, and vertical - which reflect different levels of resource utilization.
2. Fiscal policy uses changes in government spending and tax revenues to influence aggregate demand and thereby real GDP and price levels.
3. The ability-to-pay principle suggests that those with higher incomes should pay more in taxes to reflect their greater ability to pay.
Eco 365 final exams
This document contains 30 multiple choice questions about macroeconomics, microeconomics, and other economic concepts. The questions cover topics such as the differences between microeconomics and macroeconomics, supply and demand curves, elasticity, costs of production, market structures like perfect competition and monopoly, international trade, and more. The correct answers to each question are also provided.
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Bus 475 final Exam best solution http://take-exams.com/tutorials/view/41-bus-...
This document contains a 50 question multiple choice exam covering topics in business, accounting, statistics, and management. The exam tests knowledge in areas such as accounting principles, financial statements, budgeting, cost-volume-profit analysis, regression, quality control, linear programming, and project management. Students must demonstrate understanding of key concepts, formulas, and analytical methods across various business disciplines.
Bus 475 guide 1 54) When customers access a Web site and make purchases, t...
54) When customers access a Web site and make purchases, they generate __________.
A. Web data
B. Tracking cookies
C. Information
D. Clickstream data
E. Hyperlink data
Read more: http://en.wikipedia.org/wiki/HTTP_cookie
http://chris.pirillo.com/what-is-a-tracking-cookie/
Bus 475 guide 1 58) The management cockpit best exemplifies which type of s...
58) The management cockpit best exemplifies which type of system?
A. Decision support system
B. Functional area information system
C. Expert system
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E. Group decision support system
Read more: http://www.ap.atosorigin.com/en-us/services/solutions/consulting/management_consulting/management_cockpit/default.htm
Bus 475 guide 1 67) At 8% compounded annually, how long will it take $750 t...
67) At 8% compounded annually, how long will it take $750 to double?
A. 6.5 years
B. 9 years
C. 48 months
D. 12 years
Bus 475 guide 1 56) Which of the following is not a source for external dat...
56) Which of the following is not a source for external data?
A. commercial databases
B. satellites
C. corporate databases
D. sensors
E. government reports
Read more: http://spireproject.com/database.htm
Bus 475 guide 1 50) Which one of the following statements concerning producti...
50) Which one of the following statements concerning production and staffing plans is best?
A. When production and staffing plans are made, aggregation can be performed only along two dimensions: products and time.
B. Production and staffing plans specify production rates, workforce levels, and inventory holdings, but do not account for capacity limitations because they are aggregated.
C. Production and staffing plans attempt to achieve several objectives, all of which must be consistent with one another.
D. The impact of production and staffing plans cuts across several functional areas of the firm.
Bus 475 guide 1 53) Fundamental points about network computing in organizatio...
53) Fundamental points about network computing in organizations include all of the following except:
A. Networks have had limited impact on organizational productivity
B. Computers constantly exchange data
C. Computer data exchange provides significant advantages to organizations
D. Networks can be of any size, from small to enormous
E. Networks support new ways of doing business
Read more: http://www.opengroup.org/onlinepubs/7619899/toc.htm
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Multiple Choice Questions. Choose the one alternative that best
Multiple Choice Questions. Choose the one alternative that best
ASCM 631 – Integrative Supply Chain Management – Midterm Examinati.docx
ASCM 631 – Integrative Supply Chain Management – Midterm Examinati.docx
Bus 475 final exam 100 questions with answers 4th set answers are here
Bus 475 final exam 100 questions with answers 4th set answers are here
1.The aggregate supply curve relating the price level to real GDP.docx
1.The aggregate supply curve relating the price level to real GDP.docx
Bus 475 final Exam best solution http://take-exams.com/tutorials/view/41-bus-...
Bus 475 final Exam best solution http://take-exams.com/tutorials/view/41-bus-...
Bus 475 guide 1 54) When customers access a Web site and make purchases, t...
Bus 475 guide 1 54) When customers access a Web site and make purchases, t...
Bus 475 guide 1 58) The management cockpit best exemplifies which type of s...
Bus 475 guide 1 58) The management cockpit best exemplifies which type of s...
Bus 475 guide 1 67) At 8% compounded annually, how long will it take $750 t...
Bus 475 guide 1 67) At 8% compounded annually, how long will it take $750 t...
Bus 475 guide 1 56) Which of the following is not a source for external dat...
Bus 475 guide 1 56) Which of the following is not a source for external dat...
Bus 475 guide 1 50) Which one of the following statements concerning producti...
Bus 475 guide 1 50) Which one of the following statements concerning producti...
Bus 475 guide 1 53) Fundamental points about network computing in organizatio...
Bus 475 guide 1 53) Fundamental points about network computing in organizatio...
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Does teamwork really matter? Looking beyond the job posting to understand lab...
Does teamwork really matter? Looking beyond the job posting to understand lab...Labour Market Information Council | Conseil de l’information sur le marché du travail
Vicinity Jobs’ data includes more than three million 2023 OJPs and thousands of skills. Most skills appear in less than 0.02% of job postings, so most postings rely on a small subset of commonly used terms, like teamwork.
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An Overview of the Prosocial dHEDGE Vault works
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Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting, 8th Canadian Edition by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Ebook Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Pdf Solution Manual For Financial Accounting 8th Canadian Edition Pdf Download Stuvia Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Financial Accounting 8th Canadian Edition Ebook Download Stuvia Financial Accounting 8th Canadian Edition Pdf Financial Accounting 8th Canadian Edition Pdf Download Stuvia
Tdasx: Unveiling the Trillion-Dollar Potential of Bitcoin DeFi
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Bridging the gap: Online job postings, survey data and the assessment of job ...
Bridging the gap: Online job postings, survey data and the assessment of job ...Labour Market Information Council | Conseil de l’information sur le marché du travail
OJP data from firms like Vicinity Jobs have emerged as a complement to traditional sources of labour demand data, such as the Job Vacancy and Wages Survey (JVWS). Ibrahim Abuallail, PhD Candidate, University of Ottawa, presented research relating to bias in OJPs and a proposed approach to effectively adjust OJP data to complement existing official data (such as from the JVWS) and improve the measurement of labour demand.一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
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留信网认证的作用:
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2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
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The Impact of GST Payments on Loan Approvals
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What's a worker’s market? Job quality and labour market tightness
What's a worker’s market? Job quality and labour market tightnessLabour Market Information Council | Conseil de l’information sur le marché du travail
In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.一比一原版(GWU,GW毕业证)加利福尼亚大学|尔湾分校毕业证如何办理
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国外毕业证学位证成绩单如何办理：
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SWAIAP Fraud Risk Mitigation Prof Oyedokun.pptx
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Microeconomics Tutorials #1
- 1. Microeconomics Nermeen Abdullah Assistant Lecturer of Economics
- 2. 1)MCQ 1) In every economic system, choices must be made because resources are ________ and our wants are________. A) Unlimited; limited B) Limited; unlimited C) Unlimited; unlimited D) Limited; limited 2)Inputs, or factors of production, include a. labor. b. machinery. c. natural resources. d. all of the above.
- 3. 3) In broad terms the difference between microeconomics and macroeconomics is that: A) They use different sets of tools and ideas. B) Microeconomics studies decisions of individual people and firms and macroeconomics studies the entire national economy. C) Macroeconomics studies the effects of government regulation and taxes on the price of individual goods and services whereas microeconomics does not. D) Microeconomics studies the effects of government taxes on the national unemployment rate. 4) In part, microeconomics is concerned with A) How a business firm decides upon the amount it produces and the price it sets. B) Changes in the economy's total output of goods and services over long periods of time. C) Factors that explain changes in the unemployment rate over time. D) The Federal Reserves' policy decisions.
- 4. 5) Which of the following issues is related to microeconomics? a) the impact of oil prices on car production b) the impact of money on inflation c) the impact of technology on economic growth d) the impact of the deficit on saving 6) The production possibilities curve illustrates the basic principle that a. an economy's capacity to produce increases in proportion to its population. b. if all resources of an economy are in use, more of one good can be produced only if less of another is produced. c. an economy will automatically seek that output at which all of its resources are employed. d. no opportunity cost exists in production.
- 5. 7) For a given production possibilities frontier, which points are attainable? a. points inside the frontier b. points outside the frontier c. points on or outside the frontier d. points on the frontier only e. points on or inside the frontier 8) A production possibilities curve always slopes downward to the right because resources a. are not scarce. b. have no opportunity cost. c. are freely available. d. are limited. e. are not related to outputs.
- 6. 9) How are the slope of a production possibilities frontier and the opportunity cost of the goods related? a. The slope is a graphical representation of the cost of expanding production of both goods. b. The slope is a graphical measure of the growth rate of the economy. c. The slope is a graphical representation of the cost of decreasing unemployment. d. The slope is a graphical representation of the rate of trade-off between the goods. e. The slope is a graphical representation of the cost of economic growth in the economy. 10) Which of the following is likely to affect the position and shape of society's production possibilities frontier? a. volume of physical resources b. level of labor skills c. level of technology d. amount of factories on hand e. All of the above are correct.
- 7. 11) The notion of opportunity cost can be represented graphically by the a. area inside the production possibilities frontier. b. slope of the production possibilities frontier. c. vertical distance from the horizontal axis to the production possibilities frontier. d. horizontal distance from the vertical axis to the production possibilities frontier. e. sum of the horizontal and vertical distances to the production possibilities frontier.
- 8. Show graphically 1. a PPF for an economy, with the axes labeled ‘consumer goods’ and producer goods’. Indicate the region that is attainable and the region that is not. Explain the shape of the curve-what assumptions did you make in drawing it? 2. A PPF assuming increasing opportunity cost. • Plot a point (m) to show inefficient use of resources. • Plot a point (n) to show scarcity. • What do the points on the PPF represent? (Mid-term 2005). 3. The effect of economic growth on the PPF. (2013)
- 9. Answers 1) Concave to the origin because of increasing opportunity cost Assumtions are: • Resources are fully and efficiently used • Technology is constant • Using given resources only 2 goods can be produced • Fixed/limited Resources • Given time period 2) Plot a point inside the curve Plot a point outside the curve Effeciency 3) Shift the curve to the right