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Code d'Examen: CORe
Nom d'Examen: HBX (HBX CORe Final Examination)
Questions et réponses: 265 Q&As
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NO.1 Which of the following options is an example of revenue?
A. $20,000 received as a down payment from a customer when they placed their order
B. $10,000 received from a customer for goods purchased a month ago
C. An order for $3,000 received from a customer
D. $300 received from a customer when they purchased and received an item
Answer: D
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NO.2 A nutritional study is released that touts the benefits of eating cereal for breakfast.
Concurrently, a new type of grain is invented that reduces the input costs in producing cereal. What
will happen to the equilibrium price and the quantity consumed of bananas, a complement to
breakfast cereal?
A. The price and quantity consumed of bananas will not change.
B. Both the price of bananas and the quantity consumed will decrease.
C. The price of bananas will increase, and the quantity consumed will decrease.
D. The quantity consumed of bananas will increase, and the effect on price cannot be determined.
Answer: D
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NO.3 Assuming the confidence level remains constant, what happens to the width of the confidence
interval as the sample size increases?
A. The confidence interval widens.
B. The confidence interval narrows.
C. The confidence interval remains unchanged.
D. It is not possible to determine the changes without seeing the data first.
Answer: B
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NO.4 Exhibit: Based on the histogram below of 28 nations' performances in the Winter Olympic
games, in which bin would the median be located?
A. 10
B. 20
C. 30
D. 40
Answer: C
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NO.5 A computer software company with market power is about to release two new products. The
company knows that there is high variability in consumers' willingness to pay (WTP) for each
individual product, but a customer with a low WTP for one good is likely to have a high WTPfor the
other. If the marginal cost of software is $0, what pricing structure is MOST likely to maximize profits
for the computer software firm?
A. Sell each product for a minimal price, since the marginal costs of software are extremely low
B. Sell each product at consumers' average willingness to pay
C. Sell the products together as a bundle
D. Sell the products at a high price but offer a discount to students
Answer: C
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NO.6 The standard deviation of a given population is 3.5 with a mean of 26. Assuming the population
follows a normal distribution, approximately what percentage of the population will fall between
15.5 and 36.5?
A. 68.0%
B. 95.0%
C. 99.7%
D. 99.9%
Answer: C
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NO.7 A company reduces the price of its product, hoping to increase its overall profits. When the
quarterly numbers come in, the company sees that the decrease in price has led to a decrease in
profits. It decides to change the price back to its original price, but profits still do not recover to their
original levels. What happened?
A. Demand has become less elastic since the first price change.
B. Demand has become more elastic since the first price change.
C. The price elasticity of demand was 1 before the first price change.
D. The company experienced economies of scale at the lower price.
Answer: B
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NO.8 The management of a company is evaluating a potential capital expenditure. They are
using a discount rate of eight percent. They decide to see what the impact would be of changing the
discount rate to 10 percent. Which of the following measurements would change?
A. Net present value
B. Internal rate of return
C. Pay back period
D. Return on Investment (ROI)
Answer: A
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