Markets
It is the quantity of goods or services that all sellers in a market want to sell at a certain price.
What is the (total) supply?
This occurs when the market is not efficient, that is to say when the price mechanism satisfies neither consumers nor suppliers
What is market failure?
54.28%
How is this number written in words?
What is fifty-four point two eight percent?
This is the state where Carson went to university.
What is Nebraska?
In New Zealand, Parliament uses it for a ceremonial lottery to determine which bills will be debated
What is a biscuit tin?
The exchange value of a good or service in the market.
What is a price?
One person’s consumption of this good doesn’t ruin it for other people
What is a non rival good?
€4,305
How is this number said?
What is four thousand three hundred and five euros?
This is the city where Carson first studied in France.
What is Angers? (100 bonus points if you can say the year)
Scientists from this city developed a new Ai prediction model dealing with weather forecasting.
What is Cambridge?
When there is a large number of buyers and sellers, and when there is no big seller with any significant influence on the market.
What is a perfect competition market?
A type of consumer that benefits from goods without paying
What is a free rider?
£62,050,079
How is this number said?
What is sixty-two million fifty thousand and seventy-nine pounds?
He will become the youngest Mayor of New York since 1892
Who is Zohran Mamdani?
The UK government plans to invest this amount of pounds in building factories as a part of a major strategic defence review
What is £1.5 billion?
There are only a few firms in the market and the buyers are far greater than the sellers.
What is an oligopoly?
The federal government's solution to ensure equal financial support of public welfare
What are taxes?
These are the first six digits of pi.
What are three point one four one five (100 bonus points if you can name the first ten digits of pi) ?
He defines democracy as a system of government of the people, by the people, and for the people.
Who is Abraham Lincoln?
America will celebrate 250 years of independence.
What is the 4th of July, 2026?
This is when a single firm sets any price it wishes since it has all the market power.
What is a price maker?
These are the two qualities that a good must have in order to be considered a public good.
What are non-rivalrous and non-excludable?
$3748 b
The above number can be simplified into what?
What is $3.748 t (100 bonus points if you can pronounce the full figure without decimals) ?
These are four of the most common foods eaten during American Thanksgiving
What are turkey, mashed potatoes, cranberry sauce, pumpkin pie, pecan pie... (100 bonus points if you can name what Carson cooks each year) ?
President Trump is launching a sweeping effort to shape how it is told.
What is American history?