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Question 3 (Multiple Choice Worth 2 points)
[03.06] Which of the following is the most profitable investment for a cell phone company earning $10 per plan contract?
opening a new ...show more
Best Answer
Hahaha... Are you doing kidding stuffs with your studies. Try to do Google for it. Or ask and discuss these questions with your teachers.
Other Answers (1)
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ok if your economic is poor then you have to fulfill some step. first you have to search the job or to found it you must read delay news paper and conform it and apply for the job.
Please help me with my economics?
Question 3 (Multiple Choice Worth 2 points)
[03.06] Which of the following is the most profitable investment for a cell phone company earning $10 per plan contract?
opening a new store location with $200 daily operating cost, generating 30 new plans per day
redesigning a web site at $50 daily operating cost, generating 10 new plans per day
creating a television commercial at $25 daily operating cost, generating 15 new plans per day
offering a free $10 gift for every new plan, generating 40 new plans per day
Question 4 (Multiple Choice Worth 2 points)
[06.04] Your friend chose to join several extracurricular activities to increase her leadership skills. She serves as an officer in a couple of groups. However, she must cut back due to schedule conflicts. In choosing which activities to eliminate, the criterion likely to be most important to your friend is
cost of membership.
rules of membership.
her role in the group.
who sponsors the group.
Question 5 (Multiple Choice Worth 2 points)
[05.06] Globalization increases the interdependency of the world’s countries. Inflation in one country would most likely
not impact inflation in other countries.
cause deflation in other countries.
result in stagflation in other countries.
relate to inflation in other countries.
Question 6 (Multiple Choice Worth 2 points)
[03.03] A public corporation is owned by
one person.
two people.
shareholders.
the government.
Question 7 (Multiple Choice Worth 2 points)
[04.03] Credit unions are
member banks of the Federal Reserve.
regional banks of the Federal Reserve.
obligated to follow Federal Reserve regulations.
participants in the Federal Open Market Committee.
Question 8 (Multiple Choice Worth 2 points)
[05.03] Which economic goal involves maximizing the use of available resources?
growth
security
freedom
efficiency
Question 9 (Multiple Choice Worth 2 points)
[03.06] A company will pay workers at a level that maximizes the company
costs.
taxes.
profits.
marginal revenue.
Question 10 (Multiple Choice Worth 2 points)
[04.02] An example of a natural monopoly product is
electricity service.
an automobile.
a grocery store.
gasoline.
Question 11 (Multiple Choice Worth 2 points)
[01.06] Which of the following may occur as a result of an increase in the price of iPods?
increase in demand
increase in quantity demanded
decrease in demand
decrease in quantity demanded
Question 12 (Multiple Choice Worth 2 points)
[01.06] When price increases, quantity supplied
stays the same.
decreases.
increases.
becomes zero.
Which of the following is the most accurate statement?
White male Americans shaped the development of the United States.
Female Americans played a minor role in the development of the United States.
Americans from diverse backgrounds shaped the development of the United States.
Black male Americans have a decreasing role in the development of the United States.
Question 16 (Multiple Choice Worth 2 points)
[02.06] In a well-designed budget your
expenses exceed your income.
expenses cover your income.
income exceeds your expenses.
income is distributed equally.
Question 17 (Multiple Choice Worth 2 points)
[01.07] Which of the following is an example of counterfeiting?
Shannon purchases a purse with a designer logo even though she knows it’s not an actual designer handbag.
Joe replicates U.S. currency in the hopes of passing it off as legal tender when he purchases a big screen TV.
Eric embezzles money from the company where he works and uses it to pay off his credit card debt.
Latasha attempts to make a purchase using money she accepted for a government contract that she never completed.
Question 18 (Multiple Choice Worth 2 points)
[03.02] Choosing a factory’s location is an example of
land.
labor.
capital.
entrepreneurship.
Question 19 (Multiple Choice Worth 2 points)
[05.01] Economists associate Adam Smith with a
mixed economy.
market economy.
command economy.
traditional economy.
Question 20 (Multiple Choice Worth 2 points)
[03.04] An example of vertical consolidation is if a
bank purchases a company that produces vaults.
bank purchases a share of the U.S. Treasury.
bank splits into two new banks.
bank purchases another bank.
Question 21 (Multiple Choice Worth 2 points)
[03.04] A benefit of monopoly for the business owner is
incentive for quality.
ability to set prices.
consumer choice.
government funding.
Question 22 (Multiple Choice Worth 2 points)
[04.05] To correct a federal budget deficit, Congress may
hire researchers.
increase taxes.
raise spending.
create programs.
[03.06] Which of the following is the most profitable investment for a cell phone company earning $10 per plan contract?
opening a new store location with $200 daily operating cost, generating 30 new plans per day
redesigning a web site at $50 daily operating cost, generating 10 new plans per day
creating a television commercial at $25 daily operating cost, generating 15 new plans per day
offering a free $10 gift for every new plan, generating 40 new plans per day
Question 4 (Multiple Choice Worth 2 points)
[06.04] Your friend chose to join several extracurricular activities to increase her leadership skills. She serves as an officer in a couple of groups. However, she must cut back due to schedule conflicts. In choosing which activities to eliminate, the criterion likely to be most important to your friend is
cost of membership.
rules of membership.
her role in the group.
who sponsors the group.
Question 5 (Multiple Choice Worth 2 points)
[05.06] Globalization increases the interdependency of the world’s countries. Inflation in one country would most likely
not impact inflation in other countries.
cause deflation in other countries.
result in stagflation in other countries.
relate to inflation in other countries.
Question 6 (Multiple Choice Worth 2 points)
[03.03] A public corporation is owned by
one person.
two people.
shareholders.
the government.
Question 7 (Multiple Choice Worth 2 points)
[04.03] Credit unions are
member banks of the Federal Reserve.
regional banks of the Federal Reserve.
obligated to follow Federal Reserve regulations.
participants in the Federal Open Market Committee.
Question 8 (Multiple Choice Worth 2 points)
[05.03] Which economic goal involves maximizing the use of available resources?
growth
security
freedom
efficiency
Question 9 (Multiple Choice Worth 2 points)
[03.06] A company will pay workers at a level that maximizes the company
costs.
taxes.
profits.
marginal revenue.
Question 10 (Multiple Choice Worth 2 points)
[04.02] An example of a natural monopoly product is
electricity service.
an automobile.
a grocery store.
gasoline.
Question 11 (Multiple Choice Worth 2 points)
[01.06] Which of the following may occur as a result of an increase in the price of iPods?
increase in demand
increase in quantity demanded
decrease in demand
decrease in quantity demanded
Question 12 (Multiple Choice Worth 2 points)
[01.06] When price increases, quantity supplied
stays the same.
decreases.
increases.
becomes zero.
Which of the following is the most accurate statement?
White male Americans shaped the development of the United States.
Female Americans played a minor role in the development of the United States.
Americans from diverse backgrounds shaped the development of the United States.
Black male Americans have a decreasing role in the development of the United States.
Question 16 (Multiple Choice Worth 2 points)
[02.06] In a well-designed budget your
expenses exceed your income.
expenses cover your income.
income exceeds your expenses.
income is distributed equally.
Question 17 (Multiple Choice Worth 2 points)
[01.07] Which of the following is an example of counterfeiting?
Shannon purchases a purse with a designer logo even though she knows it’s not an actual designer handbag.
Joe replicates U.S. currency in the hopes of passing it off as legal tender when he purchases a big screen TV.
Eric embezzles money from the company where he works and uses it to pay off his credit card debt.
Latasha attempts to make a purchase using money she accepted for a government contract that she never completed.
Question 18 (Multiple Choice Worth 2 points)
[03.02] Choosing a factory’s location is an example of
land.
labor.
capital.
entrepreneurship.
Question 19 (Multiple Choice Worth 2 points)
[05.01] Economists associate Adam Smith with a
mixed economy.
market economy.
command economy.
traditional economy.
Question 20 (Multiple Choice Worth 2 points)
[03.04] An example of vertical consolidation is if a
bank purchases a company that produces vaults.
bank purchases a share of the U.S. Treasury.
bank splits into two new banks.
bank purchases another bank.
Question 21 (Multiple Choice Worth 2 points)
[03.04] A benefit of monopoly for the business owner is
incentive for quality.
ability to set prices.
consumer choice.
government funding.
Question 22 (Multiple Choice Worth 2 points)
[04.05] To correct a federal budget deficit, Congress may
hire researchers.
increase taxes.
raise spending.
create programs.
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