Cards in this guide (21)
What does EEOC stand for
Equal Employment Opportunity Commission. Equal Employment
Opportunity Commission.
Which of these is an example of a fixed expense
Rent
food
car payment
electric bill
What is most similar to a generic good
Maintaining a good credit history makes it easier to do what
A boycott would not be successful under what circumstance
If most consumers didn't stay away from the company that was
being protested against, a boycott would not be successful.
How does the assembly line benefit the economy
helped meet supply and demeand faster It increases
productivity
What is most likely to push the price of a company's stock higher
An increase in demand for the company's stock
Consumers use cost-benefit analysis in order to maximize what
Consumers use cost-benefit analysis in order to maximize
utility.
Companies use offshoring in order to do what
Economics is about the production of goods and services which requires the allocation of what
When does country X have a comparative advantage in the production of coffee
When they can produce it at a lower opportunity cost than other
countries.
Low wages in the underdeveloped world give US companies an incentive to do what
Which of these is most likely to lead to a decrease in the price of a good
Demand decreases and supply remains the same would lead to a
decrease in the price of a good.
In an economic system decisions need to be made about productive resources and which of the following
Consumers can use lobbying to accomplish what
To get the government to pass new laws
Help you match each author with correct era
You can match authors with the correct era by visiting your
local library. A librarian can help you find all you need to know
about each author and their works.
What describes the kinds of decisions that result from using cost-benefit analysis
An outcome with benefits that are greater than the costs.
Which is most likely to lead to an increase in the price of company's stock
What is a not a way the fed can generate an increase in the money supply
Which of the following promotes greater efficiency and lower prices by protecting competition
The government needs to provide to provide public goods for what reason
private companies can not benefit by providing them
