A. gradually narrowed
B. remained stable
C. slightly increased
D. greatly increased
A. fixed costs
B. risk
C. opportunity costs
D. prime costs
In economic terms every action entail________________? Read More »
Miscellaneous Economics Mcqs A. production-possibility schedules
B. product-moment correlations
C. Venn diagrams
D. welfare functions
A. Ownership
B. consumption
C. distribution
D. production
Property is defined in terms of rights of_________________? Read More »
Miscellaneous Economics Mcqs A. partnership
B. subchapter S corporation
C. sole survivorship
D. sole proprietorship
A. secure the highest possible salaries for managers
B. ensure that the long-term interests of the corporation outweigh short-term gains
C. shield absentee owners from any and all responsibility
D. shield the board of directors from any and all responsibility
The purpose of separating management from ownership is to________________? Read More »
Miscellaneous Economics Mcqs A. Government
B. stockholders
C. banks
D. founders
Who really owns the corporation? the_________________? Read More »
Miscellaneous Economics Mcqs A. 60%
B. 70%
C. 80%
D. 70%
What percentage of American business revenues do corporation represent ? Read More »
Miscellaneous Economics Mcqs A. creation of a middle class
B. dehumanization and commodification of labor
C. continued accumulation and reinvestment of capital
D. All of the above
Industrialization was accompanied by_______________? Read More »
Miscellaneous Economics Mcqs A. a means of exchange
B. a method of barter
C. anything of intrinsic value
D. All of the above
Money is___________________? Read More »
Miscellaneous Economics Mcqs