Questions from Microeconomics


Q: How do the stock and bond markets provide information to businesses?

How do the stock and bond markets provide information to businesses? Why do stock and bond prices change over time?

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Q: In the preface to the 2004 reprint of In Search of Excellence

In the preface to the 2004 reprint of In Search of Excellence, Thomas Peters and Robert Waterman wrote: “Our main detractors point to the decline of some of the companies we featured. They miss the po...

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Q: In the 2012 Summer Olympic Games, Ashton Eaton (from the

In the 2012 Summer Olympic Games, Ashton Eaton (from the United States) won a gold medal in the decathlon, which requires athletes to compete in 10 different track and field events. In one of these ev...

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Q: What would need to be true for a demand curve to be

What would need to be true for a demand curve to be upward sloping?

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Q: Suppose you read the following item in a newspaper article, under

Suppose you read the following item in a newspaper article, under the headline “Price Gouging Alleged in Pencil Market”: Consumer advocacy groups charged at a press conference yesterday that there is...

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Q: What is the law of supply? What are the main variables

What is the law of supply? What are the main variables that cause a supply curve to shift? Give an example of each.

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Q: Briefly explain whether you agree with the following statement: “A

Briefly explain whether you agree with the following statement: “A lower price in a market always increases economic efficiency in that market.”

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Q: Is it ever possible for an increase in pollution to make society

Is it ever possible for an increase in pollution to make society better off? Briefly explain, using a graph like Figure 5.3 on page 154. Figure 5.3:

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Q: According to a news story about the bus system in the Lehigh

According to a news story about the bus system in the Lehigh Valley in Pennsylvania, “Ridership fell 14 percent in 2012 after a 33 percent increase” in bus fares. Based on this information, is the dem...

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Q: What is meant by the phrase “health outcome”? How do

What is meant by the phrase “health outcome”? How do health outcomes in the United States compare with those of other high-income countries? What problems arise in attempting to compare health outcome...

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