Cards in this guide (23)
What explains why globalization has led to wage cuts in some jobs in the United States
What is an essential commodity needed for the productive process
What describes a situation in which the price of a good would fall
Which of the following best describes the purpose of advertising
to transmit product messages to an audience
Which of the following describes a situation in which a shortage occurs
Consumers want more video-game systems than the company can
make. apex
Which of the following explains why companies spend money on advertising
Companies want to influence consumer behavior through
advertising.
Why do people gamble online
People chose to gamble online for various reasons:
- They do not live near a casino
- They do not like crowds of people
- They do not like the smoke
- The legal age to gamble online is 18+
- Some land based casinos require you to be 21+
- An online casino may have an attractive bonus
Monetary policy in the US is carried out primarily by what agencies
Which of the following is uded by economists to measure the satisfaction a person gets from the use or consumption of goods and services
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.
What statements best explains the purpose of market research
Market research helps producers earn more profits ~
Which explains why immigration can lead to be decrease in wages
Immigration increases the supply of labor.
Which of the following is another term for market clearing price
Which of the followiwng is a charcteristic of the factors of production
which of the following is a characteristic of the factors of
production
When people buy less of a certain good as their income increases this good is considered .
Because immigration can result in an increase in the supply of labor what can immigration result to
A general decrease in wages. - Apex
Which of the following best explains how a barter system works Apex
Goods and services are exchanged without the use of money
What Of The Following is an essential part of making a rational choice
doing cost benefit analysis
Which of the following accurately describes the effect of a situation of scarcity
Best explains the purpose of a demand schedule
To show the level of demand at various prices
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.
Which of the following is an example of monetary policy
The government restricts the amount of money that banks can lend.
