Questions in business

Questions in business

[Terjawab] You sell popcorn during your school's football games. Knowing that people usually buy more when the price is lower, how would you price your popcorn after halftime?

[Terjawab] How can people balance economic rights with economic responsibilities?

[Terjawab] What is the benefit to the company for paying for John's tuition? A. John will become the CEO of the company. B. John will leave and save the company money. C. John will be a more productive employee. D. John will be a less productive employee.

[Terjawab] Which of the following statements about female illegal migrant workers is false? A. Their work is unregulated by the government. B. They lack access to legal protections. C. Their wages usually are higher than similar formal sector jobs in the same economy. D. Many workers are forced into harsh working conditions, abusive situations, or slavery.

[Terjawab] Why have so many U.S. factories moved to Mexico? A. The mild temperatures speed production. B. Mexico is a source of cheaper labor. C. There is no room to build in the United States. D. The United States has a shortage of skilled laborers.

[Terjawab] Rob quit a job working 20 hours per week at a Subway sandwich shop to make sandwiches himself in his college dorm room that he sells to hungry students. If he had been paid $9 per hour at Subway and now works the same 20 hours per week but sells his sandwiches for $300 a week and pays only $100 a week for supplies, how much economic profit does he make?

[Terjawab] In the long term, the elasticity of supply is affected most by: A. time B. resources C. labor D. capital

[Terjawab] Which statement about the Federal Reserve System is true? A. Its chairman is the Secretary of the Treasury. B. Its leaders are chosen by the political party that holds the White House. C. It is controlled by a congressional committee. D. It is run by a board that is independent of political parties.

[Terjawab] Which of the following is the best definition for a monopoly? A. An industry being split among several companies to allow for competition B. A whole industry being owned by one company C. The government controlling and making profit from an industry D. A large city with a population over 100,000

[Terjawab] Nations establish trade barriers against other nations for all of the following reasons except: A. To discourage citizens from buying imports B. To encourage domestic businesses to meet demand C. To protect domestic companies from international competition D. To create more free trade between countries