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Other Fields Homework Help Economics Topic started by: vinh on Feb 27, 2018



Title: Holding other things constant, a depreciation of the US Dollar to the Kenyan Shilling might cause ...
Post by: vinh on Feb 27, 2018
Holding other things constant, a depreciation of the US Dollar to the Kenyan Shilling might cause the demand for Shilling to _____________ and the supply for Shilling to __________.
 a. Increase; decrease
  b. Increase, increase
  c. Decrease; Increase
  d. Decrease; Decrease

QUESTION 2

The three concepts of optimal capacity utilization are:
 a. optimal plant size for a given output rate
  b. optimal cost of manufacturing
 c. optimal plant size
 d. optimal output for a given plant size
 e. all of these except b
 f. all of these except c

QUESTION 3

The problem of double marginalization is
 a. The retail price being too low due to an exclusion of both manufacturer and retailer markup
  b. The retail price being too high due to an inclusion of manufacturer markup
 c. The retail price being too high due to an inclusion of both manufacturer and retailer markup
  d. The retail price being too high due to an exclusion of retailer markup

QUESTION 4

Currency devaluations hurt
 a. Consumers but help suppliers
  b. Suppliers
  c. Suppliers but help consumers
  d. None of the above

QUESTION 5

Regarding costs, which of the following statements is true?
 a. costs can be measured in different ways
 b. costs appropriate for financial reporting purposes are appropriate for decision-making purposes
  c. the relevant cost in economic decision making is the initial cost
 d. sunk costs should always be considered in making operating decisions
 e. none of these is true

QUESTION 6

US are experiencing a productivity growth. When comparing to other countries with lower productivity growth, we expect to see
 a. Its exchange rate appreciating
  b. Its exchange rate depreciating
  c. It has no effect on the US exchange rate
  d. None of the above


Title: Holding other things constant, a depreciation of the US Dollar to the Kenyan Shilling might cause ...
Post by: Heyooo on Feb 27, 2018
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