The long-run average total cost curve:
A. will rise if diminishing returns are encountered.
B. will fall if diminishing returns are encountered.
C. will rise if economies of scale are incurred.
D. is based on the assumption that all resources are variable
MIDTERM EXAM STUDY GUIDE - ECON 130 SPRING 2017
PLA 01: Questions + Answers
What is economics?
A. The study of production in a society
B. The study of scarcity and choices
C. The study of money
D. The study of supply and demand
Feedback: Because resources
Department of Economics
ECON 503: Econometrics I
Practice Exam for Midterm
6 November 2007
Instructor: M. Balcilar
Note: These are only selection of sample questions and do not reflect the actual
number of questions I will put on the midterm. You shou
wage hours IQ KWW educ exper tenure age married black south urban sibs brthord meduc feduc lwage
Min. : 115.0 Min. :20.00 Min. : 50.0 Min. :12.00 Min. : 9.00 Min. : 1.00 Min. : 0.000 Min. :28.00 Min. :0.000 Min. :0.0000 Min. :0.0000 Mi
Fiscal Policy: Can We Agree That Published in The Economist 3/2013
Analyzed by Roxanne Tabuena due 4/2013
John Rush Econ 131 33793
In March of this year The Economist published an online article outlining the
current state of the American economy, and som