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TMGT 3337 Decision Making Economics All 5 Tests
5 Items
Test 1 - Chapter 1 Economics and Management
Chapter 1 - Economics and Management Exercise #7 In the following table, total revenue is listed. Calculate marginal revenue. What does the phrase “t... [Show More]
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Test 2 - Chapter 4 - Spontaneous Order and the Firm
Chapter 4 - Spontaneous Order and the Firm Why did the evolution of large firms lead to a principal-agent problem? How can the principal-agent problem be... [Show More]
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Test 3 - Chapter 9 - The Entrepreneur and the Market Process
Chapter 9 - The Entrepreneur and the Market Process Exercise #8 List three reasons that firms exist. Do any of the reasons imply that the command and con... [Show More]
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Test 4 - Chapter 12 - Demand and Revenue Management
Test 4 Chapter 12 - Demand and Revenue Management Exercise #1 For each of the following pairs of goods or services, identify the one for which the price... [Show More]
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Test 5 - Chapter 16 - The Knowledge Economy
Test 5 Chapter 16 - The Knowledge Economy Exercise #12 Why do economists tend to disagree with protectionist measures that interfere with trade and als... [Show More]
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