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

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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 po... ints 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: [Show More]

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