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True an false c.fj/mod/quiz/attempt.php?attempt=135714&cmid=137158&page=23 FNU Website FNU Library Student Web ~ Lecturers - Moodle Mobile ECN502Sem Introduction to Microeconomics_S1_2020_Namaka Dashboard / Courses / ECN502Sem_S1_2020_Namaka /

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True an false

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c.fj/mod/quiz/attempt.php?attempt=135714&cmid=137158&page=23 FNU Website FNU Library Student Web ~ Lecturers - Moodle Mobile ECN502Sem Introduction to Microeconomics_S1_2020_Namaka Dashboard / Courses / ECN502Sem_S1_2020_Namaka / Week 18 : June 22-26 / Alternative Final Exam Asse Question 24 A tax collected from buyers have an equivalent impact to a same size tax collected Not yet from sellers. answered Marked out of Select one: 1.00 Flag question True False Previous page Next page Alternative Final Exam bessment 2 (Multiple Jump to. Choices - 2070 hp hip 16 10 144 pit re % & 5j/mod/quiz/attempt.php?attempt=135714&cmid=137158&page=19 NU Website FNU Library Student Web ~ Lecturers ~ Moodle Mobile ECN502Sem Introduction to Microeconomics_S1_2020_Namaka Dashboard / Courses / ECN502Sem_S1_2020_Namaka / Week 18 : June 22-26 / Alternative Final Exam Assessn Question 20 Qu A tax creates a tax wedge between a buyer and a seller. This causes the price paid Not yet answered by the buyer to rise, the price received by the seller to fall, and the quantity sold to fall. Marked out of 1.00 Select one: Flag question O True False Finish Previous page Next page Time let 4 Alternative Final Exam Assessment 2 (Multiple e Chp 19 144 prt sc % 5j/mod/quiz/attempt.php?attempt= 135714&cmid=137158&page=20 NU Website FNU Library Student Web ~ Lecturers " Moodle Mobile ECN502Sem Introduction to Microeconomics_S1_2020_Namaka Dashboard / Courses / ECN502Sem_$1_2020_Namaka / Week 18 : June 22-26 / Alternative Final Exam Assess Question 21 Qu Licenses and patents are examples of regulations that act as barriers to entry and Not yet answered thereby limit competition Marked out of Select one: 100 Flag question O True O False Finish Previous page Next page Time le Alternative Final Exam Assessment 2 1Multiple e hp &nod/quiz/attempt.php?attempt= 135714&cmid=137158&page=5 Website FNU Library Student Web . Lecturers * Moodle Mobile ECN502Sem Introduction to Microeconomics_S1_2020_Namaka Dashboard / Courses / ECN502Sem_S1_2020_Namaka / Week 18 : June 22-26 / Alternative Final Exam Assessment Question 6 Quiz If Coke and Pepsi are substitutes, an increase in the price of Coke will cause an Not yet answered increase in the equilibrium price and quantity in the market for Pepsi. Marked out of Select one: 1.00 O True False Finish atter Previous page Next page " Alternative Final Exam Assessment 2 (Multiple hp to 144 5ac.fj/mod/quiz/attempt.php?attempt= 135714&cmid=137158&page=24 FNU Website FNU Library Student Web - Lecturers * Moodle Mobile ka ECN502Sem Introduction to Microeconomics_S1_2020_Namaka Dashboard / Courses / ECN502Sem_$1_2020_Namaka / Week 18 : June 22-26 / Alternative Final Exam Asse Question 25 Macroeconomics is concerned with the study of how households and firms make Not yet answered decisions and how they interact in specific markets. Marked out of Select one: 1.00 O True Flag question O False Finis Previous page Next page Time Alternative Final Exam Assessment 2 ( Multiple Choices - 20901 hp 5+ ac.fj/mod/quiz/attempt.php?attempt=135714&cmid=137158&page=25 FNU Website FNU Library Student Web - Lecturers ~ Moodle Mobile naka ECN502Sem Introduction to Microeconomics_S1_2020_Namaka Dashboard / Courses / ECN502Sem_$1_2020_Namaka / Week 18 : June 22-26 / Alternative Final Exam Asse Question 26 When the economy as a whole does better, everyone in the country benefits Not yet financially and poverty levels go down. answered Marked out of 1.00 Select one: Flag question O True False Fini Previous page Next page Tim "Alternative Final Exam Assessment 2 (Multiple Choices - 2086) e Chp &c.fj/mod/quiz/attempt.php?attempt=135714&cmid=137158&page=28 FNU Website FNU Library Student Web ~ Lecturers ~ Moodle Mobile ka ECN502Sem Introduction to Microeconomics_S1_2020_Namaka Dashboard / Courses / ECN502Sem_S1_2020_Namaka / Week 18 : June 22-26 / Alternative Final Exam Assess Question 29 A deadweight loss results when a tax causes market participants to fail to produce Not yet and consume units on which the benefits to the buyers exceeded the costs to the answered sellers. Marked out of 1.00 Select one: Flag question O True False Finish Previous page Next page ime Alternative Final Exam Assessment 2 (Multiple e hp 19 144 &f/mod/quiz/attempt.php?attempt=135714&cmid=137158&page=22 FNU Website FNU Library Student Web ~ Lecturers ~ Moodle Mobile ECN502Sem Introduction to Microeconomics_S1_2020_Namaka Dashboard / Courses / ECN502Sem_$1_2020_Namaka / Week 18 : June 22-26 / Alternative Final Exam Asses Question 23 Poverty is a complex issue that should only be dealt with by the government and Not yet professionals. answered Marked out of Select one: 1.00 O True Flag question O False Finis Previous page Next page Time Alternative Final Exam Assessment 2 ( Multiple hp 19 Wort so/mod/quiz/attempt.php?attempt=135714&cmid=137158&page=21 NU Website FNU Library Student Web . Lecturers * Moodle Mobile ECN502Sem Introduction to Microeconomics_S1_2020_Namaka Dashboard / Courses / ECN502Sem_S1_2020_Namaka / Week 18 : June 22-26 / Alternative Final Exam Assessn Question 21 Qu Licenses and patents are examples of regulations that act as barriers to entry and Not yet thereby limit competition answered Marked out of Select one: 1.00 Flag question O True O False Finish Time le Alternative Final Exam Assessment 2 (Multiple urge Experience e hp 19 %+ ac.fj/mod/quiz/attempt.php?attempt=135714&cmid=137158&page=27 FNU Website FNU Library Student Web - Lecturers ~ Moodle Mobile ECN502Sem Introduction to Microeconomics_S1_2020_Namaka Dashboard / Courses / ECN502Sem_$1_2020_Namaka / Week 18 : June 22-26 / Alternative Final Exam Asses Question 28 If a tax is placed on a good in a market where supply is perfectly inelastic, there is Not yet answered no deadweight loss and the sellers bear the entire burden of the tax. Marked out of Select one: 1.00 O True Flag question False Finis Previous page Next page Time " Alternative Final Examn Assessment 2 (Multiple ap to Choices - 2096) e 144 &

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