Cards in this guide (14)
A budget is used to do which of the following
Plan income and expenses.
Which of the following concepts best describes the supply of housing
Inelastic APEX
Inelastic
exsor roske
sixers
seducing the restless
714 o.c.
What is an example of a protectionist trade policy
An example is a protectionist trade policy would be a tariff on
imports, or quotas on the volume of imports.
In the game of economics workers play a double role functioning as both consumers and
In the game of economics, workers play a double role, functioning as both consumers and producers
Consumers and producers
Which of the following best explains the purpose of a supply curve
to graph the realationship between quanity supplied and price
charged (apex)
Which of the following is the best example of a substitution
People at the movie theater switch from popcorn to candy because
popcorn has gotten too expensive.
Which of the following is another term for market clearing price
What do economists use to measure the personal satisfaction someone gets from consuming goods and services
Utility because it's a term in economics that refers to the total satisfaction received from consuming a good or service.
Which of he following is an advantage of a partnership
Which of the following best describes why buying an home is an investment apex
When someone owns a home he/she can generally sell it in the
future for more than the original price
Ask us of the following best explains why online retail companies have an advantage over regular stores
They have a larger number of potential customers because people anywhere can buy from them.
What if the following describes a situation in which there would be a decreasing marginal utility
Buying a second winter coat.
Is a technique advertisers employ to increase consumer demand for their goods and services
turning luxuries into necessities
Which of the following is an example of monetary policy
The government restricts the amount of money that banks can lend.