Microeconomics

ECN 2110 Week 8 Quiz | Assignment Help |Baker CollegeMicroeconomics Final Exam Question 1 Scarcity implies that: o consumers would be willing to purchase the same quantity of a good at a higher price. o it is impossible to completely fulfill the unlimited human desire for goods and services with the limited resources available. o at the current market price, consumers are willing to purchase more of a good than suppliers are willing to p

ECN 2110 Week 8 Quiz | Assignment Help | Baker CollegeModule 8A Quiz Question 1 Negotiations between unions and a firm or firms is called _____________________ . o collective bargaining o cooperative bargaining o united bargaining o organized bargaining Question 2 The existence of labor unions forces employers to deal with workers o individually, rather than as a collective o cooperatively, rather than uncooperatively o

ECN 2110 Week 7 Quiz | Assignment Help | Baker CollegeModule 7A QuizQuestion 1______________________ describes a situation where a third party, outside the transaction, suffers from a market transaction by others.o Negative externality o Positive externality o A spillover o A market failureQuestion 2Command-and-control regulation is a body of law thato fails to consider private costs of firms. o specifies allowable quantities of pollution.o detai

ECN 2110 Week 6 Quiz | Assignment Help | Baker CollegeModule 6A Quiz Question 1 When reference is made to the _________________________ , it means the specific amount of income needed for a basic standard of living. o poverty trap o income line o income gap o poverty line Question 2 In the U.S., comparisons of high and low incomes raise issues of economic _________________________. o inequality and poverty o equality and wea

ECN 2110 Week 5 Quiz | Assignment Help |Baker CollegeModule 5 QuizQuestion 1If a firm's revenues do not cover its average variable costs, then that firm has reached itso price taking pointo shutdown pointo marginal pointo opportunity marginQuestion 2In the _______________, the perfectly competitive firm will seek out _______________.o long run; the quantity of output where profits are highesto short run; profits by ignoring the concept of total c

ECN 2110 Week 4 Quiz | Assignment Help |Baker CollegeModule 4 Quiz Question 1 In economics, a firm that faces no competitors is referred to as _________________. o an oligopoly o a monopoly o a perfect competitor o an oligopolizor Question 2 ____________________________ occur when the marginal gain in output diminishes as each additional unit of input is added. o Diminishing variable returns o Diminishing average returns

ECN 2110 Week 8 Discussion 6 | Assignment Help |Baker CollegeLabor UnionsClass, what are the pros and cons of 'right to work' laws Be specific, provide references and a substantive post.Here is a YouTube video:https://www.youtube.com/watch?v=yRhwIECzcws Avoid repetition and respond to subsequent questions in thread. Use references including textbook. Interact with colleagues by responding to their posts with new insights.

ECN 2110 Week 8 Discussion 5 | Assignment Help |Baker CollegeInternational Trade AgreementsClass, how do international trade agreements help businesses in the U.S.?The Benefits Of International Trade: Econ-1 with John Taylor Interact with colleagues by responding to their posts with new insights. Use references including textbook. Avoid repetition. Respond to subsequent questions in thread.

ECN 2110 Week 8 Discussion 4 | Assignment Help |Baker CollegeEconomic Effects of ImmigrationClass, compare U.S. immigration policy with that of Japan. How have immigration policies impacted economic growth in each country?Provide specifics by researching articles on topic and YouTube video:https://www.youtube.com/watch?v=rXLnE9DmH1Mhttps://www.youtube.com/watch?v=YUrApAcO6BU Review prior posts in thread to avoid repetition. Respond to

ECN 2110 Week 8 Discussion 3 | Assignment Help |Baker CollegeDiscrimination Identify U.S. public policies designed to reduce discrimination. Use references including textbook. Provide substantive posts with insights, examples and facts from researching topic. Interact with colleagues by responding to their posts with new insights. Avoid repetition and respond to subsequent questions in thread. Here is a YouTube video: Discrimination: Crash