Strayer ECO550 midterm exam/Strayer ECO550 midterm exam

  
Question 1
Income tax payments are an example of ____.
Answer
implicit costs
explicit costs
normal return on investment
shareholder wealth
Question 2
The primary objective of a for-profit firm is to ___________.
Answer
maximize agency costs
minimize average cost
maximize total revenue
set output where total revenue equals total cost
maximize shareholder value
Question 3
To reduce Agency Problems, executive compensation should be designed to:
Answer
create incentives so that managers act like owners of the firm.
avoid making the executives own shares in the company.
be an increasing function of the firm’s expenses.
be an increasing function of the sales revenue received by the firm.
Question 4
Possible goals of Not-For-Profit (NFP) enterprises include all of the following EXCEPT:
Answer
maximize total costs
maximize output, subject to a breakeven constraint
maximize the happiness of the administrators of the NFP enterprise
maximize the utility of the contributors
Question 5
Economic profit is defined as the difference between revenue and ____.
Answer
explicit cost
total economic cost
implicit cost
shareholder wealth

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more