Cards in this guide (22)
Who is a corporation owned by
A corporation is owned by its stockholders.
Budgeting helps consumers reach their financial goals by helping them do what
Keep their expenses below their income.
A budget is used to do which of the following
Plan income and expenses.
What best states the main difference between a monopoly and pure competition
A monopoly involves no competition at all while pure competition
involves a high level of competition.
In a free-market system producers are most strongly driven by what
The profit motive.
Because the producer and consumer are typically different individuals even in developing. Because the public image of marketing is so negative, especially in most ... relinquishing all food distribution authority to the free workings of the market.
What types of business is most likely to use the subscription business model
Which group of players use the goods and services produced in the game of economics
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
The purpose of advertising is to do which of the following
To introduce people to products or methods.
To convince people to procure and make use of prodiucts and
methods.
To convince people to procure and use a specific brand of a
product or method.
A corporation gives out its profits as dividends paid to its
A corporation gives out its profits as dividends paid to its stockholders
Which of the following explains why companies spend money on advertising
Companies want to influence consumer behavior through
advertising.
What generates revenue for Google
The sale of advertisements.
Consumers influence the decisions of producers in which of the following way
through the purchasing decisions they make
Which of the following is a way the media influences consumer behavior
Product placement. APEX=)
news broadcasting
advertising
Who expanded the British Empire during the Industrial Revolution
What statements best explains the purpose of market research
Market research helps producers earn more profits ~
Which statements best explains why some people get life insurance and others don't
people are willing to face different kinds of risks.
Which of the following is an example of an action that is part of making a rational choice
Doing a cost-benefit analysis
Which of the following is a way that companies attempt to get consumers to buy their products instead of their products instead of their competitors products
Please rewrite. The question can not be answered. The list given
you is not provided. We ave no idea of what "which of the following
" is.
Match each action with the type of consumer influence it represents.
Buying pre-faded jeans because everyone else is doing
it-Trend
Buying pre-faded jeans because all your friends have them-Peer
pressure
Buying pre-faded jeans because they're less expensive than other
jeans-Price
A general partnership differs from a sole proprietorship because a general partnership is a characteristic by which of the following
Requires collective decision-making
The media industry is characterized by an oligopolistic market structure because
centralization of ownership