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☆☆☆☆☆Cards in this guide (17)
Which of the following actions best meets the goal of security
Wearing a seatbelt while riding in a car.
Technological advancement can come from improved devices or new
Technological advancement can come from improved devices or new METHOD
Economics is about allocating resources to produce and distribute which of the following
Goods and services
Which of the following are useful for conducting market research
Focus groups Focus groups
Which of the following best describes the purpose of advertising
to transmit product messages to an audience
In economics workers are both producers and which of the following
Consumers
Which of the following shows that an economy is growing
The GDP is getting bigger
Which of the following terms best characterizes cost-benefit analysis
Rational
What describes an efficient outcome
A car is designed to waste as little fuel as possible.
Which of the following pairs of words best describes using cost benefit analysis maximizing and minimizing
Rational and subjective
Because of e-commerce the Internet can often replace what
Because of e-commerce, the Internet can often replace shopping malls.
Which of the following best describes how consumers let producers know what they want to buy and how much they are willing to pay
The purchases consumers make indicate their desires to producers.
Which of the following is essential part of making rational choice
Doing cost-benefit analysis
Would farm income stagnates result in a reduction of GDP
YES
When technology advances which of the following will always take place
gggg
How does the internet enable people to make economic decisions better
Information is critical for making good decisions
Utility is the concept that economists use to measure the a person gets from the use or consumption of goods and services.
satisfaction
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