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Assessment Statistics ra1_5Esquiz

Name:

ra1_5Esquiz

Average Score:

7.29

Number of Attempts:

15

Number of Graded Attempts:

15

Number of Attempts Needing Grading:

0

Instructions:

  Matching

Average Score 7.29 points  

Select the BEST "E" for each of the situations listed.

Question 1 answers

Shortage of Super Bowl Tickets

Answers

Percent Answered

Economic Growth

6.667%

Allocative Efficiency

86.667%

Productive Efficiency

6.667%

Equity

0%

Full Employment

0%

Unanswered

0%


Coca-Cola lays off 6000 employees and still produces the same amount

Answers

Percent Answered

Economic Growth

6.667%

Allocative Efficiency

0%

Productive Efficiency

86.667%

Equity

0%

Full Employment

6.667%

Unanswered

0%


Free Trade

Answers

Percent Answered

Economic Growth

20%

Allocative Efficiency

0%

Productive Efficiency

73.333%

Equity

6.667%

Full Employment

0%

Unanswered

0%


More Resources

Answers

Percent Answered

Economic Growth

80%

Allocative Efficiency

6.667%

Productive Efficiency

13.333%

Equity

0%

Full Employment

0%

Unanswered

0%


Producing more DVDs and fewer video tapes

Answers

Percent Answered

Economic Growth

13.333%

Allocative Efficiency

86.667%

Productive Efficiency

0%

Equity

0%

Full Employment

0%

Unanswered

0%


Law of Diminishing Marginal Utility

Answers

Percent Answered

Economic Growth

13.333%

Allocative Efficiency

6.667%

Productive Efficiency

0%

Equity

73.333%

Full Employment

6.667%

Unanswered

0%


Using all available resources

Answers

Percent Answered

Economic Growth

6.667%

Allocative Efficiency

0%

Productive Efficiency

6.667%

Equity

0%

Full Employment

86.667%

Unanswered

0%


Discrimination

Answers

Percent Answered

Economic Growth

6.667%

Allocative Efficiency

6.667%

Productive Efficiency

66.667%

Equity

20%

Full Employment

0%

Unanswered

0%


Improved technology

Answers

Percent Answered

Economic Growth

66.667%

Allocative Efficiency

0%

Productive Efficiency

26.667%

Equity

0%

Full Employment

6.667%

Unanswered

0%


a "fair" distribution of resources

Answers

Percent Answered

Economic Growth

6.667%

Allocative Efficiency

0%

Productive Efficiency

6.667%

Equity

86.667%

Full Employment

0%

Unanswered

0%


food price controls

Answers

Percent Answered

Economic Growth

0%

Allocative Efficiency

93.333%

Productive Efficiency

0%

Equity

6.667%

Full Employment

0%

Unanswered

0%


Due to an economic recession many companies lay off workers

Answers

Percent Answered

Economic Growth

0%

Allocative Efficiency

13.333%

Productive Efficiency

60%

Equity

0%

Full Employment

26.667%

Unanswered

0%


Secretaries type letters and truck drivers drive trucks

Answers

Percent Answered

Economic Growth

0%

Allocative Efficiency

6.667%

Productive Efficiency

80%

Equity

6.667%

Full Employment

6.667%

Unanswered

0%


Farmers growing too much grain due to government subsidies

Answers

Percent Answered

Economic Growth

0%

Allocative Efficiency

73.333%

Productive Efficiency

20%

Equity

6.667%

Full Employment

0%

Unanswered

0%


Kodak Cuts Jobs

October 24, 2001 Posted: 1728 GMT
[http://edition.cnn.com/2001/BUSINESS/10/24/kodak/index.html

NEW YORK (CNNmoney) -- Eastman Kodak Co. posted a sharp drop in third-quarter profits Wednesday and warned the current quarter won't be much better, adding it will cut up to 4,000 more jobs. . . .Film and photography companies have been struggling with the adjustment to a shift to digital photography as the market for traditional film continues to shrink.

Answers

Percent Answered

Economic Growth

0%

Allocative Efficiency

26.667%

Productive Efficiency

60%

Equity

6.667%

Full Employment

6.667%

Unanswered

0%


 

OK