The candidate made an inflammatory speech that incensed all
those who heard it.
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Term1/19
Which of the following best explains the profit motive
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Definition1/19
Minimize costs and maximize revenue.APEXX
the desire to make money through the production of goods and services
The desire to make money through the production of goods and services
a. The incentive to buy at a low price in order to be able to sell at a higher price.
b. The desire to make money through the production of goods and services.
c. The decision to allow market forces to decide on the price of goods and services.
d. The motivation to work hard at a job in order to buy more goods and services.
B.
🔄 Click to see term
Term1/19
Technological advancement can come from improved devices or new
🔄 Click to see definition
Definition1/19
Technological advancement can come from improved devices or new
METHOD
🔄 Click to see term
Term1/19
Which of the following economic indicators measures inactivity rather than activity
🔄 Click to see definition
Definition1/19
Unemployment rate
🔄 Click to see term
Term1/19
Which of the following is happening when the GDP is neither rising nor falling
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Definition1/19
Stagnation
🔄 Click to see term
Term1/19
The Gross Domestic Product goes down when which of the following occurs
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Definition1/19
Imports increase faster than exports.
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Term1/19
The cargo container improved distribution by introducing what methods into the shipping industry
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Definition1/19
Standardization
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Term1/19
What is the most direct benefit businesses enjoy as a result of online sales
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Definition1/19
Online businesses don't need to have as many employees. It is easier to compare prices
🔄 Click to see term
Term1/19
What is the most direct benefit of greater productivity
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Definition1/19
Goods and services are produced faster, which should reduce
costs and improve company profits. Additionally, consumers should
benefit from lower prices and increased availability.
🔄 Click to see term
Term1/19
Which of the following shows that an economy is growing
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Definition1/19
The GDP is getting bigger
🔄 Click to see term
Term1/19
Must What must an activity have in order to be considered a game
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Definition1/19
A set of rules
One or more players
🔄 Click to see term
Term1/19
Which of the following was not a result of the use of the assembly line
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Definition1/19
more security(:
🔄 Click to see term
Term1/19
Would farm income stagnates result in a reduction of GDP
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Definition1/19
YES
🔄 Click to see term
Term1/19
How will improvements in technology effect economics in the future
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Definition1/19
Well we make better infrastructure and better buildings.
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Term1/19
Which of the following lists some of the non monetary factors that are taken into account when the doing cost benefit analysis
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Definition1/19
time and effort
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Term1/19
When technology advances which of the following will always take place
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Definition1/19
gggg
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Term1/19
How does the internet enable people to make economic decisions better
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Definition1/19
Information is critical for making good decisions
🔄 Click to see term
Term1/19
Utility is the concept that economists use to measure the a person gets from the use or consumption of goods and services.
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Definition1/19
satisfaction
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Cards in this guide (19)
What percentage of people use the internet
88% Of people use the internet.
A sentence for inflammatory
The candidate made an inflammatory speech that incensed all
those who heard it.
Which of the following best explains the profit motive
Minimize costs and maximize revenue.APEXX
the desire to make money through the production of goods and services
The desire to make money through the production of goods and services
a. The incentive to buy at a low price in order to be able to sell at a higher price.
b. The desire to make money through the production of goods and services.
c. The decision to allow market forces to decide on the price of goods and services.
d. The motivation to work hard at a job in order to buy more goods and services.
B.
Technological advancement can come from improved devices or new
Technological advancement can come from improved devices or new
METHOD
Which of the following economic indicators measures inactivity rather than activity
Unemployment rate
Which of the following is happening when the GDP is neither rising nor falling
Stagnation
The Gross Domestic Product goes down when which of the following occurs
Imports increase faster than exports.
The cargo container improved distribution by introducing what methods into the shipping industry
Standardization
What is the most direct benefit businesses enjoy as a result of online sales
Online businesses don't need to have as many employees. It is easier to compare prices
What is the most direct benefit of greater productivity
Goods and services are produced faster, which should reduce
costs and improve company profits. Additionally, consumers should
benefit from lower prices and increased availability.
Which of the following shows that an economy is growing
The GDP is getting bigger
Must What must an activity have in order to be considered a game
A set of rules
One or more players
Which of the following was not a result of the use of the assembly line
more security(:
Would farm income stagnates result in a reduction of GDP
YES
How will improvements in technology effect economics in the future
Well we make better infrastructure and better buildings.
Which of the following lists some of the non monetary factors that are taken into account when the doing cost benefit analysis
time and effort
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.
Explain how the production of services differs from the production of manufacturing goods give two example
Which of the following is another term for a free-market system
Because the choices of consumers influence producers and the choices of producers also influence consumers the free-market system has which of the following
Technological advancement can come from improved devices or new