Strayer University - All Va Campuses > ECO 550 Final Exam Part 2 (ALREADY GRADED A)

FINAL EXAM PART 2

Final Exam Part 2 (100 points)

Course

Managerial Economics & Globali

Test

Final Exam Part 2 (100 points)

Status

Completed

• Question 1

4 out of 4 points

An illustration of a non-credible commitment is the promise

• Question 2

4 out of 4 points

To trust a potential cooperator until the first defection and then never cooperate thereafter is

• Question 3

4 out of 4 points

Essential components of a game include all of the following except:

• Question 4

4 out of 4 points

Credibility in threats and commitments in sequential games is based on

• Question 5

4 out of 4 points

Non-cooperative sequential games can incorporate all the following features except

• Question 6

4 out of 4 points

The following are possible examples of price discrimination, EXCEPT:

• Question 7

4 out of 4 points

Third-degree price discrimination exists whenever:

• Question 8

4 out of 4 points

Which of the following pricing policies best identifies when a product should be expanded, maintained, or discontinued?

• Question 9

4 out of 4 points

____ is the price at which an intermediate good or service is transferred from the selling to the buying division within the same firm.

• Question 10

4 out of 4 points

Vacation tours to Europe invariably package visits to disparate regions:  cities, mountains, and the seaside.  Bundling, a type of second degree price discrimination, is most profitable when:

• Question 11

4 out of 4 points

Mac trucks and their dealers would likely have an organizational form of

• Question 12

4 out of 4 points

Which of the following is not among the functions of contract?

• Question 13

4 out of 4 points

Vertical integration may be motivated by all of the following except:

• Question 14

4 out of 4 points

Non-redeployable durable assets that are dependent upon unique complementary and perfectly redeployable assets to achieve substantial value-added will typically be organized as

• Question 15

4 out of 4 points

When someone contracts to do a task but fails to put full effort into the performance of an agreement, yet the lack of effort is not independently verifiable, this lack of effort constitutes a

• Question 16

4 out of 4 points

The Herfindahl-Hirschman index (also shortened to just the Herfindahl index) is a measure of ____.

• Question 17

4 out of 4 points

The sentiment for increased deregulation in the late 1970's and early 1980's has been felt most significantly in the price regulation of

• Question 18

4 out of 4 points

____ yields the same results as the theory of perfect competition, but requires substantially fewer assumptions than the perfectly competitive model.

• Question 19

4 out of 4 points

____ occurs whenever a third party receives or bears costs arising from an economic transaction in which the individual (or group) is not a direct participant.

• Question 20

4 out of 4 points

The antitrust laws regulate all of the following business decisions except ____.

• Question 21

4 out of 4 points

The ____ method assumes that the cash flows over the life of the project are reinvested at the ____.

• Question 22

4 out of 4 points

The ____ depicts the risk-return relationship in the market for all securities:

• Question 23

4 out of 4 points

All of the following except ____ are shortcomings of cost-benefit analysis.

• Question 24

4 out of 4 points

Which of the following is (are) a basic principle(s) when estimating a project's cash flows?

• Question 25

4 out of 4 points

The social rate of discount is best approximated by: