ACC 576 TUTOR Learn by Doing/acc576tutor.com ACC 576 TUTOR Learn by Doing/acc576tutor.com | Page 39

43. Allen has the following schedule of marginal utility for slices of
pizza and bottles of beer: If Allen maximizes his total utility by
consuming 3 slices of pizza and 3 bottles of beer, which one of the
following is the ratio of the price of a slice of pizza to the price of a
bottle of beer?
44. Which one of the following cost curves does not have a general
"U-shape"?
45. In the long run, if all input factors to a production process are
increased by 100%, but total output increases by only 75%, this
indicates
46. Which one of the following statements regarding periods of
analysis is correct?
47. According to the law of diminishing returns, which one of the
following is correct?
48. In a macroeconomic free-market flow model, which of the
following would be considered leakages?
49. Which of the following forms of economic activity is considered in
macroeconomics, but not in microeconomics?
50. In a macroeconomic free-market flow model, which one of the
following would not be considered an "injection?"
51. Which of the following issues is least likely to be relevant to the
study of macroeconomics?
52. The foreign sector plays a role in a macroeconomic free-market
flow model because of
53. Which of the following sectors is most likely to be relevant in both
microeconomic and macroeconomic models of free-market flows?