Could you please help answerthe following questions?
Week T: Quiz 0 Saved Help Save & Exit Submi 1 The Law of Demand states that quantityI demanded increases in a given time period if: Multiple Choice 0 The price of the good falls. Incomes in crease. 0 Preferences change. Expectations improve. 2 Price elasticity of demand shows how: Multiple Choice 0 To compute the slope of the demand curve. 0 Quantity demanded responds to price changes. 0 Quantity demanded responds to changes in the price of other goods. Price responds to demand changes. Suppose a university raises its tuition by 8 percent and as a result the enrollment of students drops by 4 percent. The price 3 elasticity of demand for this circumstance would be: Multiple Choice 0 8.0. O 4.0. O 2.0. (U 0.5. q Jeans Production Rate of Output (jeans per day) Total Cost - sac on Based on the information in the table. if the rm can sell jeans for $7.00 per pair, the total profit from producing 40 pairs is Multiple Choice O $40. $10 $280. 0 0 $290. 0 5 Who among the following would be counted as unemployed? Multiple Choice 0 Amy, who is on vacation but will soon return to the same job 0 Bob, 3 college student looking for summer work 0 Carol, who is on welfare and not actively looking for a job Dave, who is on strike 6 If the population of a country is 1,000,000 people. its labor force consists of 600,000, and 60,000 people are unemployed, the unemployment rate is Multiple Choice 0 6.0 percent, 6.6 percent, 0 10.0 percent. 60.0 percent ; Population and labor force data 130 million 200 million 90 million 100 million Number Employed 75 million 90 million According to the Population and Labor Force Data table, what is the number of unemployed in Year 10'? Multiple Choice 0 110 million 100 million 0 O 90 million 0 10 million The Law of Demand states that quantity demanded increases in a given time period if: Multiple Choice Skipped O The price of the good falls. O Incomes increase. O Preferences change. O Expectations improve.2 Price elasticity of demand shows how: Multiple Choice Skipped O To compute the slope of the demand curve. O Quantity demanded responds to price changes. O Quantity demanded responds to changes in the price of other goods. O Price responds to demand changes.3 Suppose a university raises its tuition by 8 percent and as a result the enrollment of students drops by 4 percent. The price elasticity of demand for this circumstar Multiple Choice Shipped O 8.0. O 4.0. O 2.0. O 0.5. q Jeans Production Rate of Output (jeans per day) Total Cost - sac on Slapped Based on the information in the table. if the rm can sell jeans for $7.00 per pair, the total profit from producing 40 pairs is Multiple Choice O $40. $10 $280. 0 0 $290. 0 5 Who among the following would be counted as unemployed? Multiple Choice Skipped O Amy, who is on vacation but will soon return to the same job O Bob, a college student looking for summer work O Carol, who is on welfare and not actively looking for a job O Dave, who is on strike6 If the population of a country is 1,000,000 people, its labor force consists of 600,000, and 60,000 people are unemployed, the unemployment rate is Multiple Choice Skipped O 6.0 percent. O 6.6 percent. O 10.0 percent. O 60.0 percent.7 Population and labor force data Year 1 Year 10 Population 180 million 200 million Skipped Labor Force 90 million 100 million Number Employed 75 million 90 million According to the Population and Labor Force Data table, what is the number of unemployed in Year 10? Multiple Choice O 110 million O 100 million O 90 million O 10 million
