Cards in this guide (17)
What is the main source of revenue for media corporations
How did travellers find their way before useful maps
Which of the following best describes the purpose of advertising
to transmit product messages to an audience
The media industry is dominated by which of the following
Advertising is the main source of revenue for which of the following industries
Which of the following explains why companies spend money on advertising
Companies want to influence consumer behavior through
advertising.
What are market structures that are characterized by at least some competition between producers
A. Pure competition D. Monopolistic competition E. Oligopoly
Unlimited liability means that sole proprietors are completely responsible for all of the
depts
apex.
its spelled (debts)
Which of the following best explains why different people have different levels of risk aversionWhich of the following best explains why different people have different levels of risk aversion
Some people are willing to take more chances than others.
Google's business model relies on which of the folllowing to generate revenue
The sale of advertisements
Which of the following identifies the reason why producers try to minimize costs an maximize revenue
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 is a disadvantage of partnerships compared to sole proprietorship's
You share decision making and profits in a partnership.
What does not motivate entrepreneurs
Which if the following explains how revenue is determined
The total amount of money brought in by sales
The media industry is characterized by an oligopolistc market structure because of which of the following
Centralization of ownership
Which of the following factors influences a consumer when deciding to buy a product