Question 1:
tommy uses sand to make glass that he sells to a window manufacturing compa...
Business, 29.09.2019 23:30 mimigg0621
Question 1:
tommy uses sand to make glass that he sells to a window manufacturing company. the sand is an example of
land (my choice)
entrepreneurship
labor
capital
question 2:
which of the following reasons for starting a business is most closely associated with profit motive?
a financial adviser opens a storefront designed to provide credit counseling for those needing .
a computer programmer hopes to design games that can benefit children with speech impediments.
a contractor starts a new home building business with the expectation of making $500,000 in his first year of business. (my choice)
a baker re-opens the store her grandfather first opened. she is excited to carry on his legacy in the town.
question 3:
economics is a social science devoted to the study of
politics and money
events of the past
how people allocate scarce resources within an economic system (my choice)
the interactions of people and societies within a country
question 4:
opportunity cost is best described as
sum of all production costs
the most expensive resource used in production
value of the next best alternative foregone when a choice is made (my choice)
monetary value of all alternatives foregone when a choice is made
question 5:
carrie has to decide between going to a football game or going to the movies. she decides to go the football game. which of the following is her opportunity cost?
the cost of the football game ticket.
missing the opportunity to go to the movies.
the opportunity to see her friends at the football game. (my choice)
the cost of popcorn at the movies.
question 6:
using the concepts of marginal analysis, what decision would you make when marginal benefit is less than the marginal cost?
close the business because it is now making losses
do not produce the additional unit
decrease production (my choice)
produce more output
question 7:
jamie must decide whether to buy a new truck. he concludes the costs of buying the truck are greater than the benefits. in jamie’s case, buying the truck would be
a productive choice
an irrational economic decision
an opportunity cost (my choice)
a rational economic decision
question 8:
which of the following is the best example of labor investment for a retail store?
renting land for the building
hiring sales clerks and managers (my choice)
buying cash registers and displays
the owner of the store interviewing a clerk
question 9:
in some areas of the world, some people must walk over a mile to get access to water.
this statement best supports which economic concept?
allocation
incentive
shortage
scarcity (my choice)
question 10:
phil has a barber shop. which of the following is an example of capital at his shop?
scissors and combs
bud, a worker
phil, the owner (my choice)
water
Answers: 2
Business, 22.06.2019 10:30
Marketing1. suppose the average price for a new disposable cell phone is $20, and the total market potential for that product is $4 million. topco, inc. has a planned market share of 10 percent. how many phones does topco have the potential to sell in this market? 20,0002. use the data from question 3 to calculate topco, inc.'s planned market share in dollars. $400,0003. atlantic car rental charges $29.95 per day to rent a mid-size automobile. pacific car rental, atlantic's main competitor, just reduced prices on all its car rentals. in response, atlantic reduced its prices by 5 percent. now how much does it cost to rent a mid-size automobile from atlantic? $28.45
Answers: 1
Business, 22.06.2019 19:20
1. revising for conciseness - eliminating flabby expressions,limiting long lead-ins, and dropping unnecessary fillerstime is money in any business environment. people want information communicated quickly and clearly. to make your writing more concise and understandable, avoid flabby expressions, long lead-ins, and unnecessary fillers. your audience will appreciate your brevity.1. if your writing contains a flabby expression like in view of the fact that, replace it with the word because / although / probably .for each of the following two sentences, choose the best revision.2. i am sending you this letter to inform you that we have experienced an unexpected surprise within our expense sheet, but we are positively certain we will solve it.1) we need to inform you that we have experienced an unexpected surprise with our expense sheet, but we are midway to an end result.2) we have identified a problem with our expense sheet, but we will solve it.3) i am sending you this letter to inform you that we have a problem with our expense sheet, but we are positively certain we have a solution.3. it is the user who should contact the center.1) everyone knows that it is the user who should contact the center.2) the user should contact the center.3) if there is a problem, the user should contact the center.read the following passage, and then answer the question.[1] you scheduled seven conference calls for this morning between 10 and 11 a.m. [2] generally, the company limits the number of conference calls to three per hour. [3] i’m letting you know that in the future, we should be more careful about scheduling.4. which revision limits the long lead-in in sentence 3? 1) in the future, we should be more careful about scheduling.2) i’m letting you know so that in the future we are more careful about scheduling calls.3) so that you know in the future, we should be more careful about scheduling.
Answers: 3
Business, 22.06.2019 20:40
Which of the following is true concerning the 5/5 lapse rule? a) the 5/5 lapse rule deems that a taxable gift has been made where a power to withdraw in excess of $5,000 or five percent of the trust assets is lapsed by the powerholder. b) the 5/5 lapse rule only comes into play with a single beneficiary trust. c) amounts that lapse under the 5/5 lapse rule qualify for the annual exclusion. d) gifts over the 5/5 lapse rule do not have to be disclosed on a gift tax return.
Answers: 1
Business, 22.06.2019 23:00
Consider a consumer who is contemplating a new automobile purchase. she has narrowed her decision down to two brands, honda accord and ford taurus. she has identified gas mileage, price, warranty, and styling to be important attributes to consider in her decision
Answers: 1
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