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Applied Economics Quiz 9 (30 MCQs)

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1. Creating an economic certainty for the communities in which it thrives
2. What do you call a framework that helps to assess new venture and can help identify the business's risks and rewards?
3. The following are guides to industry analysis. Which of the following identifies the area whether local, regional nationwide or international?
4. Is the additional utility or satisfaction from the consumption of an additional unit of a good, keeping other things constant.
5. What does it mean?% change in Quantity demanded = % change in Price.
6. ABM Computer shop purchased additional 10 units of computer for the business.These goods are called:
7. The firm's primary objective in producing output is to minimize profits.
8. It is the step in decision-making after taking the decision into action.
9. What is it called when you have limited quantities of resources used to meet unlimited wants?
10. Which government agency is responsible for the following?current foreign exchange rate
11. Which of the following internal factor as the company's location, facilities, machinery, and equipment?
12. What do you call the cost that includes opportunity costs of resources owned and used by the firm's owner?
13. This occurs when a firm raises money for working capital or capital expenditures by selling debt instruments to individuals and/or institutional investors?
14. These products are constantly being purchased and used up in the operation of a business.
15. Active investors tend to buy and hold the components of various market indexes, and may optimize their allocation weights to certain asset classes based on rules such as Modern Portfolio Theory's (MPT) mean-variance optimization.
16. What do you call the additional utility derived from consuming an additional unit of the good?
17. Whose the biggest sector of the three?
18. The cost of time and information needed to carry out market exchange.
19. The total cost incurred by producing each additional unit of product.
20. Prices of Toyota vehicles are predicted to go up in December.
21. Corporations are in business for what?
22. The cost required for something
23. Products of nature, qualities of individuals and man-made things that can provide satisfaction or value currently or in the future.
24. What is the desire to own something and the ability to pay for it called?
25. What is Economics primarily concerned with?
26. The booming population growth in the Philippines is another basic economicproblem that can be linked to the issue of scarcity.
27. If the price of gasoline will increase the next day, the demend for it will .....
28. Employment opportunities for the Filipinos
29. Philippine inflation rate rose to 8.1% in December 2022.
30. .... refers to the type of government, the stability and strength of the government and good leadership factors than can be an advantage to a business.
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