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☆☆☆☆☆Cards in this guide (19)
What are the functions of management of sole proprietor
Function of sole proprietor
V-cube 7 or megaminx
megaminx
Is there a law that prohibits volunteerism
No
Which of these is not true about Europe in the 1500s
towns developed because of an enonomy based on external trade
Which type of tax is collected by a mediating agent from the person who is responsible for paying the tax
indirect tax
Why must firms make decisions about which goods they will produce
because firms have access to limited resources of land, labor, and capital
Which division of the Department of Labor assists businesses by providing information for tax credits and hiring incentives
Employment and Training Administration
What is the purpose of antitrust laws and regulations
Ensure markets operate competitively.
Which of the following terms best describes an economy in which producers of goods and services react to consumer choices
market economy
What type of government is one in which the workload is managed by multiple agencies and departments
bureaucracy
Which of these describes the principle of division of labor
People are trained to do specific portions of a task in order to speed production of the total task. A+
In the circular flow model households supply firms with which items
Labor, capitital, and raw materials.
According to the law of diminishing returns what will happen if you overuse a factor of production
It will not be as efficient as before. A+
Under which business model do all partners have limited liability exhibiting elements of partnerships and corporations
limited liability partnership
Is not a factor in wage variance between different occupations
Big dongs
What is Considered one of the primary factors of production plus
Entrepreneurship
A firm is dependent on which of these to help it make decisions about production
consumer taste
The works of which economist lead to a more quantitative study of economics
François Quesnay
Which of the following is another term for a market economy
A market economy, also widely known as a "free market economy," is one in which goods are bought and sold and prices are determined by the free market, with a minimum of external government control.
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