answersLogoWhite

0

Economics

User Avatar

Marcella Predovic

Lvl 10
2y ago
5.0
1 Review
Add a rating

Rate this Study Guide:

Cards in this guide (17)
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.

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.

What types of business is most likely to use the subscription business model

Newspapers.

Which group of players use the goods and services produced in the game of economics

Consumers.

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.

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

Who expanded the British Empire during the Industrial Revolution

Queen Victoria:))

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

The media industry is characterized by an oligopolistic market structure because

centralization of ownership

Related study guides

Economics

19 cards

Who is a corporation owned by

Budgeting helps consumers reach their financial goals by helping them do what

A budget is used to do which of the following

What best states the main difference between a monopoly and pure competition

➡️
See all cards
No Reviews

Economics

22 cards

Who is a corporation owned by

Budgeting helps consumers reach their financial goals by helping them do what

A budget is used to do which of the following

What best states the main difference between a monopoly and pure competition

➡️
See all cards
No Reviews

Economics

19 cards

Who is a corporation owned by

Which group of players in the game of economics both produce and use goods and services

A budget is used to do which of the following

In a free-market system producers are most strongly driven by what

➡️
See all cards
No Reviews

Economics

16 cards

Who is a corporation owned by

Which group of players in the game of economics both produce and use goods and services

A budget is used to do which of the following

In a free-market system producers are most strongly driven by what

➡️
See all cards
No Reviews

Economics

18 cards

Who is a corporation owned by

Which group of players in the game of economics both produce and use goods and services

A budget is used to do which of the following

In a free-market system producers are most strongly driven by what

➡️
See all cards
No Reviews