1. The return of investment will vary greatly depending upon the maturity, risk, tax status and other attributes of the investment.

Single choice.

(1 Point)

revenue, maturity, risk

maturity, risk, tax status

2.

Which of the following is not included in the labor market?

Single choice.

(1 Point)

workers

firms

consumers

3.

In a monopoly market there are many sellers that offers homogenous products.

Single choice.

(1 Point)

true

false

4.Sellers are price takers in a competitive market.

Single choice.

(1 Point)

true

false

5.

Increase in the labor supply tends businesses to increase salaries and wages of employees.

Single choice.

(1 Point)

true

false

6..

The monopolist must sell everything at the same price-there is no price discrimination.

Single choice.

(1 Point)

true

false

7..

Brand names, patents and software are examples of

Single choice.

(1 Point)

tangible assets

b. intangible assets

8.

Suppose a firm sells its product at a price lower than the opportunity cost of the inputs used to produce it. Which of the statement is true?

Single choice.

(1 Point)

The firm will earn accounting and economic profit

The firm may earn accounting profit, but will face economic losses

9.Manufacturing, transportation, and communication sectors is an example of Oligopoly.

Single choice.

(1 Point)

true

false

10..

Implicit costs are:

Single choice.

(1 Point)

equal to fixed cost

payments for self-employed resources

comprised entirely of variable cost