Professional Documents
Culture Documents
Chapter 05
Demand
1. In most markets scarce goods or services are rationed among competing users, and ______
perform that task.
A. non-monetary prices
B. monetary prices
C. government organizations
D. private organizations
2. Home football games at your college are free for students and most of the students like to go
to the game. What is the non-monetary cost for you to go to the game?
C. The outrageous price you had to pay for hot dog and soda.
3. The time one spends researching the performance and fuel economy of new cars on the
Internet is an example of a(n)
A. monetary cost.
B. non-monetary cost.
C. information cost.
D. implied cost.
4. In some countries, medical care is provided free to citizens and paid for by the government. In
those countries, medical care is
A. JoJo should definitely drive to the warehouse because the monetary cost is $200 lower.
B. JoJo should drive to the warehouse if the value of his travel time plus wear and tear on his
car is less than $200.
C. JoJo should definitely have the computer delivered, because the $200 saving is less than
20% of the purchase price.
D. JoJo should definitely drive to the warehouse because the $200 saving is more than 10% of
the purchase price.
6. The tendency for consumers to purchase more of a good or service as its price falls is called
C. rises, the level of the activity may or may not increase depending on the individual.
A. rises, more
B. falls, more
9. As the price of computers falls, the quantity demanded of computers increases. This is an
application of
10. After subsistence levels of food, shelter, and clothing are provided,
A. a want
B. a need
A. need; needs
B. want; wants
C. need; wants
D. want; needs
15. Rice requires extensive irrigation, therefore water for rice farmers in California is
A. not as important as for farmers in Pennsylvania, where they grow little rice
B. a necessity
C. a need
D. a want
Another document from Scribd.com that is
random and unrelated content:
P L AT E 74
P L AT E LXXV.
PHYSALIS PROSTRATA.
Trailing Winter-cherry.
CLASS V. ORDER I.
PENTANDRIA MONOGYNIA. Five Chives. One Pointal.
GENERIC CHARACTER.
SPECIFIC CHARACTER.
Physalis, ramosissima, prostrata, hispida; foliis subcarnosis; corollis
cæruleis.
Winter Cherry, very branching, trailing, and hairy; leaves nearly fleshy;
blossoms blue.
1. The Empalement.
2. A Flower cut open, with the Chives attached.
3. The Pointal (natural size).
4. A ripe Seed-vessel.
PROTEA PINIFOLIA.
Pine-leaved Protea.
SPECIFIC CHARACTER.
1. A Blossom complete.
2. One Petal of the Blossom, (magnified), with its Chive attached.
3. The Pointal and Seed-bud, (magnified).
4. A ripe Seed.
PERSOONIA LINEARIS.
Linear-leaved Persoonia.
SPECIFIC CHARACTER.
1. A flower complete.
2. One Petal of the flower, with its Chive, (magnified).
3. The Pointal, (natural size).
4. The same, (magnified).
P L AT E 77
P L AT E LXXVIII.
IXORA PAVETTA.
Sweet Ixora.
GENERIC CHARACTER.
SPECIFIC CHARACTER.
CROWEA SALIGNA.
Willow-leaved Crowea.
CLASS X. ORDER I.
DECANDRIA MONOGYNIA. Ten Chives. One Pointal.
GENERIC CHARACTER.
SPECIFIC CHARACTER.
Crowea, foliis lanceolatis, utrinque glabris, integerrimis; floribus
solitariis, axilaribus.
Crowea, with lance-shaped leaves, smooth on both sides, quite entire;
flowers grow solitary from the bottom of the leaves close to the stem.
1. The Empalement.
2. The Chives.
3. One Chive detached, natural size.
4. The same magnified to shew the situation of the Tip.
5. The Pointal, natural size.
6. The same magnified.
7. A ripe Seed.
BUCHNERA FŒTIDA.
Stinking Buchnera.
GENERIC CHARACTER.
SPECIFIC CHARACTER.
1. The Empalement.
2. A Flower cut open, to expose the situation of the Chives.
3. The Pointal magnified.
4. A ripe Seed-vessel.
SOWERBIA JUNCEA.
Rush-like Sowerbia.
GENERIC CHARACTER.
SPECIFIC CHARACTER.
Sowerbia, foliis teretibus, mucronatis; scapo nudo, flexuoso; umbella
globosa; floribus petiolis longissimis.
Sowerbia, with cylindrical leaves pointed at the ends; flower-stem naked
and crooked; the umbel globular; flowers with very long foot-stalks.
1. The Fence.
2. A Blossom complete.
3. The Chives expanded.
4. The Pointal.
BANKSIA SERRATA.
Sawed-leaved Banksia.
SPECIFIC CHARACTER.
MORÆA TRICOLOR.
Three-coloured Moræa.
GENERIC CHARACTER.
C . Spathæ bivalves.
C hexapetala, patens; petala tria interiora patentia, angustiora.
S . Filamenta tria, brevia. Antheræ oblongæ.
P . Germen inferum, oblongum. Stylus simplex, brevissimus.
Stigmata tria, bifida.
P . Capsula trigona, trisulcata, trilocularis.
S plurima, rotunda.
E . Sheaths of two valves.
B six petals, spreading; the three innermost petals are more spread
out and narrower.
C . Three short threads. Tips oblong.
P . Seed-bud beneath and oblong. Shaft simple, and very short.
Summits three, two-cleft.
S - . Capsule three sided, three-furrowed, three cells.
S many, and round.
SPECIFIC CHARACTER.
BUCHNERA PEDUNCULATA.
Solitary-flowered Buchnera.
SPECIFIC CHARACTER.
1. The Empalement.
2. A Flower cut open, magnified.
3. The Pointal.
4. A Capsule.