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Economics

Allene Morissette ∙

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∙ 2y ago

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Term1/8

What is one of the main factors driving prices for goods and services upward

Definition1/8

Production costs increase so that producers need to charge more to make a profit.

Term1/8

Which of the following situations would the price of a good be most likely to increase

Definition1/8

An increase in production costs results from a rise in wages.

Term1/8

In what would the price of a good be most likely to increase

Definition1/8

People would consume less of the good and look for substitutes

Term1/8

Consumers are most likely to be priced out of the option to buy a home when there's an increase in what

Definition1/8

Mortgage interest rates
Mortgage interest rates.

Term1/8

What acurrately describe one way that individual goods differ from public goods

Definition1/8

People can be excluded from individual goods if they don't pay

Term1/8

Which of the following Represents The Most Direct Power That Stockholder's Have Over The Operations Of A Company

Definition1/8

Stockholders can vote for the members of the board of directors

Term1/8

What of the following is a problem for the production of public goods

Definition1/8

ig it's my turn to chip in

the possiblity of free riders- APEXXX

Term1/8

Which most strongly drives producers in a free market economy

Definition1/8

Coercion

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Cards in this guide (8)

What is one of the main factors driving prices for goods and services upward

Production costs increase so that producers need to charge more to make a profit.

Which of the following situations would the price of a good be most likely to increase

An increase in production costs results from a rise in wages.

In what would the price of a good be most likely to increase

People would consume less of the good and look for substitutes

Consumers are most likely to be priced out of the option to buy a home when there's an increase in what

Mortgage interest rates
Mortgage interest rates.

What acurrately describe one way that individual goods differ from public goods

People can be excluded from individual goods if they don't pay

Which of the following Represents The Most Direct Power That Stockholder's Have Over The Operations Of A Company

Stockholders can vote for the members of the board of directors

What of the following is a problem for the production of public goods

An increase in the standard of living results from an increase in what

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Economics

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Economics

What is one of the main factors driving prices for goods and services upward

Which of the following situations would the price of a good be most likely to increase

What describes the difference between individual and public goods

Which best explains one of the benefits provided by economies of scale

Economics

What is demand-pull inflation

What do capital controls prevent

Politicians approve pork barrel spending for what purpose

What best describes the effect of a tariff on the import of cars from a foreign country

Economics

Which of the following is one of the major factors determining the level of wages

What best describes the effect of a tariff on the import of cars from a foreign country

Which of the following can employers use to prevent an industrial action by a union from affecting production

An increase in the standard of living results from an increase in what

Economics

Which of the following is one of the major factors determining the level of wages

Which of the following can employers use to prevent an industrial action by a union from affecting production

An increase in the standard of living results from an increase in what

Which of the following is one disadvantage for a company that goes public

Economics

Which of the following is one of the major factors determining the level of wages

Which of the following leads to the end of a boom period in the business cycle

Which of the following can employers use to prevent an industrial action by a union from affecting production

An increase in the standard of living results from an increase in what

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