Trevor’s company makes well chocolates. That has established how come maximize his benefit What letter ~ above the graph represents Trevor’s situation?
Question 2 (Multiple selection Worth 4 points)
|Elemetary college teacher||$40,000|
|Construction job manager||$72,000|
Which of these is likely true, based upon the charted data?
Question 3 (Multiple an option Worth 4 points)
Given the data in the chart, i m sorry two nations enjoy one absolute benefit in oil production over the unified States?
Question 4 (Multiple an option Worth 4 points)
Merv’s Hardware, a tiny family-owned store in Middletown, sell a 100-pack of garnet sandpaper for $35. The house Shoppe, a big retail hardware chain in neighboring Morristown, selling the exact same product because that $29. Based upon this scenario, what would certainly you expect Merv’s immediate an answer to be?
Question 5 (Multiple an option Worth 4 points)
Marcie wants to work-related as a freelance editor. She purchase a desk, computer, widescreen monitor, and also ergonomic keyboard. What type of sources are these?
Question 6 (Multiple selection Worth 4 points)
Bill and also his wife, Vickie, want to start a agency that establishes training sessions for corporate clients. Castle would choose to share the decisions, have couple of start-up costs, and protect their personal assets. I m sorry of these would certainly suit their needs best?
Question 7 (Multiple choice Worth 4 points)
In 2011, Cambodia had a GDP the $33.8 billion and also a per capita GDP the $2,200. Nearly a third of its people lived listed below the poor level, and also average life expectancy was 62.5 years. I beg your pardon of these additional factors would many support the conclusion the Cambodia is a arising economy quite than an emerging economy?
Question 8 (Multiple choice Worth 4 points)
Given the data in the chart, i beg your pardon of the adhering to statements is true?
Question 9 (Multiple an option Worth 4 points)
To safeguard consumers from potentially dangerous made goods, the U.S. Federal government is most most likely to use which type of profession barrier?
Question 10 (Multiple choice Worth 4 points)
Which of the adhering to entities would certainly most likely agree v Adam Smith’s statement?
Question 11 (Multiple selection Worth 4 points)
Look at the graph. A bookstore owner increases the price of art publications to $25. I m sorry of these would certainly occur?
Question 12 (Multiple choice Worth 4 points)
In anticipation the a hurricane, demand for tortillas goes up. Oyama’s keep produces tortillas. Based on the chart, exactly how will Oyama respond to the new demand for tortillas?
Question 13 (Multiple selection Worth 4 points)
Global cost-free Trade Zones
Opponents of complimentary trade zones might use this map to argue that cost-free trade
Question 14 (Multiple choice Worth 4 points)
Sayuri’s oriental Café renders the finest pot sticker labels in town. The kitchen’s production is usually in between 20 and also 22 pot stickers per hour. Sayuri buys a new an equipment to help the team make pot sticker labels faster. She tracks manufacturing over the course of seven days. Top top which work does the an equipment make a positive influence on production?
Question 15 (Multiple an option Worth 4 points)
The bookstore is overstocked with old fantasy novels. It demands to get rid of the novels to make room for freshly published fantasy novels. Based upon the chart, what might the bookstore perform to increase quantity demanded for fantasy novels?
Question 16 (Multiple selection Worth 4 points)
Which of the adhering to statements most directly relates to the vast economic score of freedom?
Question 17 (Multiple selection Worth 4 points)
Country A has actually an absolute command economy. Country B has a mixed economy and a populace that favors industry trade. Both want to boost trade come generate an ext wealth. Which activity would nation B most likely take that nation A would not?
Question 18 (Multiple an option Worth 4 points)
Which of this businesses space in monopolistic competition?
Question 19 (Multiple selection Worth 4 points)
Auto Bull’s-Eye provides a 10-minute oil adjust and 30-minute brake check. There are two technicians who do each of these services. Following week, the shop is providing a discounted oil change. How can this impact the manufacturing possibilities curve for following week?
Question 20 (Multiple an option Worth 4 points)
Which of the adhering to is a potential benefit of inflation?
Question 21 (Multiple choice Worth 4 points)
Given the data in the chart above, i m sorry of the complying with trade scenarios is the many efficient?
Question 22 (Essay precious 4 points)
EntrepreneursAn WangMadame C. J. WalkerSamuel F. B. MorseJoseph A. Unanue
Choose one of the entrepreneurs native this list. Write an essay around how your chosen entrepreneur has impacted life today.
You are watching: Which of the following statements most directly relates to the broad economic goal of freedom?
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Detail challenges he or she faced and also explain how this person embodies one or much more characteristics from the HUNT. Current your an answer in a clear, organized manner and cite examples as needed.
Question 23 (Essay worth 4 points)
Write a i in response to the following statement: service organization is a an important part of successful entrepreneurship.