Mathematics homework help. QuestionQuestion 14 out of 4 pointsWhich of the following will increase (V0), the shareholder wealth maximization model of the firm: V0?(shares outstanding) = ??t=1 (? t ) / (1+ke)t + Real Option Value.Selected Answer:Correct Answer:Question 24 out of 4 pointsThe moral hazard in team production arises fromSelected Answer:Correct Answer:Question 34 out of 4 pointsEconomic profit is defined as the difference between revenue and ____.Selected Answer:Correct Answer:Question 44 out of 4 pointsThe form of economics most relevant to managerial decision-making within the firm is:Selected Answer:Correct Answer:Question 54 out of 4 pointsPossible goals of Not-For-Profit (NFP) enterprises include all of the following EXCEPT:Selected Answer:Correct Answer:Question 64 out of 4 pointsRecently, the American Medical Association changed its recommendations on the frequency of pap-smear exams for women. The new frequency recommendation was designed to address the family histories of the patients. The optimal frequency should be where the marginal benefit of an additional pap-test:Selected Answer:Correct Answer:Question 70 out of 4 pointsThe primary difference(s) between the standard deviation and the coefficient of variation as measures of risk are:Selected Answer:Correct Answer:Question 84 out of 4 pointsThe standard deviation is appropriate to compare the risk between two investments only ifSelected Answer:Correct Answer:Question 94 out of 4 pointsThe approximate probability of a value occurring that is greater than one standard deviation from the mean is approximately (assuming a normal distribution)Selected Answer:Correct Answer:Question 104 out of 4 pointsAn closest example of a risk-free security isSelected Answer:Correct Answer:Question 114 out of 4 pointsBased on risk-return tradeoffs observable in the financial marketplace, which of the following securities would you expect to offer higher expected returns than corporate bonds?Selected Answer:Correct Answer:Question 124 out of 4 pointsGenerally, investors expect that projects with high expected net present values also will be projects withSelected Answer:Correct Answer:Question 134 out of 4 pointsAn income elasticity (Ey) of 2.0 indicates that for a ____ increase in income, ____ will increase by ____.Selected Answer:Correct Answer:Question 144 out of 4 pointsThose goods having a calculated income elasticity that is negative are called:Selected Answer:Correct Answer:Question 154 out of 4 pointsAuto dealers slash prices at the end of the model year in response to deficient demand/excess inventory but restaurants facing the same problem slash production becauseSelected Answer:Correct Answer:Question 164 out of 4 pointsSuppose we estimate that the demand elasticity for fine leather jackets is .7 at their current prices. Then we know that:Selected Answer:Correct Answer:Question 174 out of 4 pointsWhich of the following would tend to make demand INELASTIC?Selected Answer:Correct Answer:Question 184 out of 4 pointsA price elasticity (ED) of ?1.50 indicates that for a ____ increase in price, quantity demanded will ____ by ____.Selected Answer:Correct Answer:Question 194 out of 4 pointsThe factor(s) which cause(s) a movement along the demand curve include(s):Selected Answer:Correct Answer:Question 204 out of 4 pointsIn testing whether each individual independent variables (Xs) in a multiple regression equation is statistically significant in explaining the dependent variable (Y), one uses the:Selected Answer:Correct Answer:Question 210 out of 4 pointsWhen two or more “independent” variables are highly correlated, then we have:Selected Answer:Correct Answer:Question 224 out of 4 pointsWhen using a multiplicative power function (Y = a X1b1 X2b2 X3b3) to represent an economic relationship, estimates of the parameters (a, and the b’s) using linear regression analysis can be obtained by first applying a ____ transformation to convert the function to a linear relationship.Selected Answer:Correct Answer:Question 234 out of 4 pointsThe standard deviation of the error terms in an estimated regression equation is known as:Selected Answer:Correct Answer:Question 244 out of 4 pointsThe estimated slope coefficient (b) of the regression equation (Ln Y = a + b Ln X) measures the ____ change in Y for a one ____ change in X.Selected Answer:Correct Answer:Question 250 out of 4 pointsIn regression analysis, the existence of a high degree of intercorrelation among some or all of the explanatory variables in the regression equation constitutes:Selected Answer:Correct Answer:PART IIQuestion 14 out of 4 pointsThe forecasting technique which attempts to forecast short-run changes and makes use of economic indicators known as leading, coincident or lagging indicators is known as:Selected Answer:Correct Answer:Question 24 out of 4 pointsFor studying demand relationships for a proposed new product that no one has ever used before, what would be the best method to use?Selected Answer:Correct Answer:Question 34 out of 4 pointsThe type of economic indicator that can best be used for business forecasting is the:Selected Answer:Correct Answer:Question 44 out of 4 pointsWhich of the following barometric indicators would be the most helpful for forecasting future sales for an industry?Selected Answer:Correct Answer:Question 54 out of 4 pointsSmoothing techniques are a form of ____ techniques which assume that there is an underlying pattern to be found in the historical values of a variable that is being forecast.Selected Answer:Correct Answer:Question 64 out of 4 pointsThe variation in an economic time-series which is caused by major expansions or contractions usually of greater than a year in duration is known as:Selected Answer:Correct Answer:Question 74 out of 4 pointsIf Ben Bernanke, Chair of the Federal Reserve Board, begins to tighten monetary policy by raising US interest rates next year, what is the likely impact on the value of the dollar?Selected Answer:Correct Answer:Question 84 out of 4 pointsUsing demand and supply curves for the Japanese yen based on the $/¥ price for yen, an increase in US INFLATION RATES wouldSelected Answer:Correct Answer:Question 94 out of 4 pointsAn increase in the exchange rate of the U.S. dollar relative to a trading partner can result fromSelected Answer:Correct Answer:Question 104 out of 4 pointsThe purchasing power parity hypothesis implies that an increase in inflation in one country relative to another will over a long period of timeSelected Answer:Correct Answer:Question 114 out of 4 pointsIf the British pound (?) appreciates by 10% against the dollar:Selected Answer:Correct Answer:Question 124 out of 4 pointsEuropean Union labor costs exceed U.S. and British labor costs primarily becauseSelected Answer:Correct Answer:Question 134 out of 4 pointsAn appreciation of the U.S. dollar has what impact on Harley-Davidson (HD), a U.S. manufacturer of motorcycles?Selected Answer:Correct Answer:Question 144 out of 4 pointsIf the marginal product of labor is 100 and the price of labor is 10, while the marginal product of capital is 200 and the price of capital is $30, then what should the firm?Selected Answer:Correct Answer:Question 154 out of 4 pointsMarginal factor cost is defined as the amount that an additional unit of the variable input adds to ____.Selected Answer:Correct Answer:Question 164 out of 4 pointsGiven a Cobb-Douglas production function estimate of Q = 1.19L.72K.18 for a given industry, this industry would have:Selected Answer:Correct Answer:Question 170 out of 4 pointsThe isoquants for inputs that are perfect complements for one another consist of a series of:Selected Answer:Correct Answer:Question 184 out of 4 pointsIn a production process, an excessive amount of the variable input relative to the fixed input is being used to produce the desired output. This statement is true for:Selected Answer:Correct Answer:Question 194 out of 4 pointsThe marginal rate of technical substitution may be defined as all of the following except:Selected Answer:Correct Answer:Question 204 out of 4 pointsThe cost function is:Selected Answer:Correct Answer:Question 214 out of 4 pointsEconomies of Scope refers to situations where per unit costs are:Selected Answer:Correct Answer:Question 224 out of 4 pointsEconomies of scale exist whenever long-run average costs:Selected Answer:Correct Answer:Question 234 out of 4 pointsWhat method of inventory valuation should be used for economic decision-making problems?Selected Answer:Correct Answer:Question 244 out of 4 pointsAccording to the theory of cost, specialization in the use of variable resources in the short-run results initially in:Selected Answer:Correct Answer:Question 25 4 out of 4 pointsThe existence of diseconomies of scale (size) for the firm is hypothesized to result from:Selected Answer:Correct Answer: