Question

I Just need somebody to check my test for me please .. And if i got some wrong explain why ? Thanks to anyone for the help i really appreciate it.

[03.01] Margaret Rousseau developed techniques to mass-produce

cookies.

penicillin.

ammunitions.

beauty products.

Question 40 (Multiple Choice Worth 2 points)

[03.01] An entrepreneur is best defined as a person who

starts a business.

is a role model for young Americans.

manages the finances of a large corporation.

takes financial risk to try new business ideas.

Answer 1

For the first one i put B and the second one i put D

Answer 2

I'm confused with this one ...

Based on this chart, what is the marginal cost, in dollars, to produce 7 jackets?

18

27

101

121

Answer 3

Horizontal and vertical consolidations are ways firms attempt to

gain more control of the product market.

avoid government regulation of business.

reduce the costs of production.

increase the level of competition.

Answer 4

03.04] The most common form of nonprice competition is

collusion.

advertising.

diversification.

specialization.

Answer 5

the first one is pinicilin

Answer 6

Ok , so i happen to be right ..

Answer 7

the second one is A one who starts a new buisness venture

Answer 8

Can you explain why it's A ?

Answer 9

Which capital investment may decrease productivity?

software no one knows how to use

employee hours tracking system

replacing broken tools

employee training



* For this one i Marked A ?

Answer 10

i can give you a link to where i found the info

Answer 11

Lol no i'll just take you're word for it .

Answer 12

nah now that i dug deeper d is right so you were right, my bad

Answer 13

I figured .. I'm just being lazy right now though ..

Answer 14

lol i understand lmao

Answer 15

Lol , So which one are you looking at now ?

Answer 16

the 4th one cuz i dont get #3

Answer 17

number 4 is A

Answer 18

I had that one right ! (:

Answer 19

I Never did the 5th one though ..

Answer 20

5 is D

Answer 21

Which capital investment may decrease productivity?

software no one knows how to use

employee hours tracking system

replacing broken tools

employee training



* For this one i Marked A ?

Answer 22

that one is A because it would confuse workers making them produce less. so your right

Answer 23

Which of the following is an example of a capital investment?

oil.

taxes.

stocks.

computer.


* For this i marked B

Answer 24

Its C because capital investment is putting in money that a buisness hopes will give them more and stocks can do that

Answer 25

So the one above the second one is C ?

Answer 26

no the question u just put i think #6

Answer 27

Which is the most profitable investment for a cell phone company earning $10 per plan contract?

A. opening a new store location with $200 daily operating cost, generating 30 new plans per day

B.redesigning web site at $50 daily operating cost, generating 10 new plans per day

C.creating television commercial at $25 daily operating cost, generating 15 new plans per day

D.offering free $10 gift for every new plan, generating 40 new plans per day


* I marked C

Answer 28

YEP ITS C :)

Answer 29

Lol Yayy , i'm Getting smart (:

Answer 30

In a specific industry, two dominant firms work together to set prices. We call this

competition.

collusion.

market dominance.

market influence.


* I marked B

Answer 31

hahaha i got to go soon, sorry :(
its B

Answer 32

): Noooooooooo ..

Answer 33

[03.04] A benefit of a purely competitive market is

equal product information for buyers and sellers.

government sets the product prices to be competitive.

sellers may set their own prices.

sellers use advertising to attract buyers.



* I skipped this one .

Answer 34

C sellers may set their own prices

Answer 35

Pure competition is a market structure that has

few competitive firms with the same products.

many sellers with differentiated products.

a perfectly elastic demand curve.

one seller.

* Skipped this one also

Answer 36

hmmmmmm B

Answer 37

"Don’t forget your sweetheart this Valentine’s Day. We’re having a sale on all chocolate!" This advertisement targets your

fears.

rituals.

emotions.

social values.




* I marked A

Answer 38

A yea because it taps into you fear of forgeting a v-day gift :)

Answer 39

The market structure that relies most heavily on nonprice competition is

monopolistic competition.

pure competition.

monopoly.

oligopoly.




* I skipped this

Answer 40

actually the choco one is C my bad

Answer 41

Ok i changed that one

Answer 42

"Don’t buy food with the ingredient MSG; it causes cancer in lab rats." This advertisement targets your

fears.

rituals.

emotions.

social values.

* I marked A

Answer 43

the one after the chocolate one is A
and this one is A fears

Answer 44

A limited liability company is the best form of business for owners who

are concerned about keeping their costs of production at a minimum level.

want an outside company to handle all the business’s finances.

expect to eventually grow their company to compete nationally.

wish to reduce their financial responsibility without incorporation.



* I marked D

Answer 45

YEP ITS D

Answer 46

The easiest form of business organization to start and stop is the

limited liability company.

sole proprietorship.

corporation.

partnership.



* I skipped this one

Answer 47

B because less managment to consult b4 stoping and starting

Answer 48

The most expensive form of business organization is the

limited liability company.

sole proprietorship.

corporation.

partnership.



* I marked B

Answer 49

C because of the mass of employees and costs

Answer 50

Factory workers are examples of

land.

labor.

capital.

entrepreneurship.


* I marked C

Answer 51

I believe it is B because labor is money you pay to workers

Answer 52

A delivery truck is an example of

land.

labor.

capital.

entrepreneurship.


* I skipped this one

Answer 53

B

Answer 54

Use this image to answer the following question. If the demand for labor moves from D2 to D1, worker wages will

increase.

decrease.

stay the same.

reflect inflation.



* I marked A

Answer 55

Well i know those two are right but theirs a few more that i need to be checked ?

Answer 56

#3 is 12. just took the test