Cards in this guide (20)
What is an essential commodity needed for the productive process
Which of the following best characterizes the corporate culture at Google
Relaxed and non-traditional
The Google business model is most similar to the model followed by which other industry
Which of the following best describes the purpose of advertising
to transmit product messages to an audience
Which of the following explains why companies spend money on advertising
Companies want to influence consumer behavior through
advertising.
The way a company does business is driven by
What describes the situation that occurs when the equilibrum quantity has been reached
There is no surplus or shortage.
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.
What are some popular video rental stores in America
Most recently, video rental stores have decreased in popularity.
Only a few are left including Family Video. The business of video
rental has been overtaken by DVD rental kiosks. Redbox has become
the most popular DVD rental venue.
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 he following is an advantage of a partnership
Which of the following accurately explains how profit is calculated (Apex)
cost are subtracted from revenues
What does not motivate entrepreneurs
Which if the following explains how revenue is determined
The total amount of money brought in by sales
Match the type of market structure with each example
A. Pure competition Computer operating systems B.Near monopoly Fast food restaurants C. Monopolistic competition Online auctioning D. Oligopoly Car makers
The media industry is characterized by an oligopolistc market structure because of which of the following
Centralization of ownership
A business thst is owned and operated by a single individual is know as a proprietorship
A business that is owned and operated by a single individual is
know as a proprietorship
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 expansionary fiscal policy
Which of the following factors influences a consumer when deciding to buy a product
