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t Object]User: For a college student who wishes to calculate the true costs of going to college, the costs of room and board __________. A. should be counted only to the extent that they are more expensive at college than elsewhere B. usually exceed the opportunity cost of going to college C. plus the cost of tuition, equals the opportunity cost of going to college D. should be counted in full, regardless of the costs of eating and sleeping elsewhere
Weegy: For a college student who wishes to calculate the true costs of going to college, the costs of room and board c. should be counted only to the extent that they are more expensive at college than elsewhere. User: A logical starting point from which the study of international trade begins is __________. A. the recognition that government intervention in markets sometimes enhances the economic welfare of the society B. the principle of absolute advantage C. the principle of comparative advantage D. the recognition that not all markets are competitive Weegy: A. the principle of comparative advantage User: Maurice receives $100 as a birthday gift. In deciding how to spend the money, he narrows his options down to four choices: Option A, Option B, Option C, and Option D. Each option costs $100. Finally he decides on Option B. The opportunity cost of this decision is __________. A. the value to Maurice of Options A, C and D combined B. $100 C. $300 D. the value to Maurice of the option he would have chosen had Option B not been available Weegy: The opportunity cost of this decision is (the value to Maurice of the option he would have chosen had Option B not been available.) User: The general term for market structures that fall somewhere in-between monopoly and perfect competition is __________. A. imperfectly competitive markets B. oligopoly markets C. monopolistically competitive markets D. incomplete markets Weegy: The general term for market structures that fall somewhere in-between monopoly and perfect competition is: C. oligopoly markets. User: What you give up to obtain an item is called your __________. A. explicit cost B. true cost C. direct cost D. opportunity cost Weegy: What you give up to obtain an item is called your opportunity cost. User: One characteristic of an oligopoly market structure is: A. firms in the industry have some degree of market power. B. products typically sell at a price ... (More)
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Asked 4/1/2013 12:59:29 AM
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Which of these represent skills that managers need? A. Technical, interpersonal & communication and conceptual & decision making B. Interpersonal, quantitative, and professional C. Professional, technical and interpersonal & communication D. Interpersonal & communication, conceptual & decision making and professional E. Conceptual & decision making, professional and technical
Weegy: Which of these represent skills that managers need? A. Technical, interpersonal & communication and conceptual & decision making. User: The most dominant areas in the global economy include: A. North America, Mexico and Asia B. Western Europe, Asia and Africa C. North America, South America and Western Europe D. North America, Western Europe and Asia E. North America, Asia and Africa Weegy: B. Interpersonal, quantitative, and professional (More)
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Asked 4/1/2013 1:26:54 AM
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t Object]User: Over the past two decades, the United States has __________. A. had trade deficits in about as many years as it has trade surpluses. B. generally had, or been very near to a trade balance. C. persistently had a trade surplus. D. persistently had a trade deficit.
Weegy: Over the past two decades, the United States has C. persistently had a trade surplus. [ target=_blank rel='nofollow'>https://docs.google.com/viewer?a=v&q=cache:NAfpMAR37ssJ:' target=_blank rel='nofollow'>www.fernridge.k12.or.us/studentpages/apmacroecon/practicetests/ch19.doc+&hl=en&gl=ae&pid=bl&srcid=ADGEESgDwIYraLR7Y5ry1SUX8ba56azO2cg1SeAJVny7BfgdE_1H5g0ltf7s2v71LidqtdxP4n7C7FCFT1PhFDGZJ9khdcO4DOMPgSZ8t93S-1CvVj7ZfEtvy3gSgsKPacwTqGPC0slp&sig=AHIEtbSNb7MWSkht1wJumD_PrlP4xVScZA ] User: Which of the following is not correct? A. Deficits give people the opportunity to consume at the expense of their children, but they do not require them to do so. B. A potential cost of deficits is that they reduce national saving, thereby reducing growth of the capital stock and output growth. C. In 2005, the U.S. government had a deficit. D. The U.S. debt per-person is large compared with average lifetime income. Weegy: Which of the following is not correct? C. A potential cost of deficits is that they reduce national saving, thereby reducing growth of the capital stock and output growth. User: A manager's ability to stimulate people to be high performers is referred to as: A. Organizing B. Leading C. Controlling D. Supervising E. Planning Weegy: A manager's ability to stimulate people to be high performers is referred to as C.leading. User: A manager's ability to stimulate people to be high performers is referred to as: A. Organizing B. Staffing C. Leading D. Planning E. Controlling Weegy: A manager's ability to stimulate people to be high performers is referred to as C.leading. User: Which of these represent skills that managers need? A. Technical, interpersonal & communication and conceptual & decision making B. Interpersonal, quantitative, and professional C. Professional, technical and interpersonal & communication D. Interpersonal & communication, conceptual & decision making and professional E. Conceptual & ... (More)
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Asked 4/1/2013 1:22:11 AM
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