digital technology.medical research.beauty products.coffee cafes.Question 2(Mult

digital technology.medical research.beauty products.coffee cafes.Question 2(Multiple Choice Worth 2 points)cookies.penicillin.ammunitions.beauty products.Question 3(Multiple Choice Worth 2 points)coffee houses.upscale restaurants.department stores.commercial websites.Question 4(Multiple Choice Worth 2 points)telegraph.automobile.audio recorder.radio transmitter.Question 5(Multiple Choice Worth 2 points)men onlyBritish onlya variety of peoplea variety of just native-born peopleQuestion 6(Multiple Choice Worth 2 points)lawnsoillawnmowerhedge clippersQuestion 7(Multiple Choice Worth 2 points)land.labor.capital.entrepreneurship.Question 8(Multiple Choice Worth 2 points)land.labor.capital.entrepreneurship.Question 9(Multiple Choice Worth 2 points)gasolinecashlabortruckQuestion 10(Multiple Choice Worth 2 points)land.labor.capital.entrepreneurship.Question 11(Multiple Choice Worth 3 points)opening a new store location with $200 daily operating cost generating 30 new plans per dayredesigning web site at $50 daily operating cost generating 10 new plans per daycreating television commercial at $25 daily operating cost generating 15 new plans per dayoffering free $10 gift for every new plan generating 40 new plans per dayQuestion 12(Multiple Choice Worth 3 points)opening a new store location with $200 daily operating cost generating 30 new plans per dayredesigning web site at $50 daily operating cost generating 10 new plans per daycreating television commercial at $25 daily operating cost generating 15 new plans per dayoffering free $10 gift for every new plan generating 40 new plans per dayQuestion 13(Multiple Choice Worth 3 points)increase productivity.decrease productivity.cost too much to be worthwhile.are outdated before the company can afford them.Question 14(Multiple Choice Worth 3 points)worker at $10 per hour producing 8 pounds of candy per hourworker at $12 per hour producing 16 pounds of candy per hourmachine with $5 per hour operating cost producing 10 pounds of candy per hourmachine with $8 per hour operating cost producing 14 pounds of candy per hourQuestion 15(Multiple Choice Worth 3 points)monopolistic competition.pure competition.monopoly.oligopoly.Question 16(Multiple Choice Worth 3 points)fears.rituals.emotions.social values.Question 17(Multiple Choice Worth 3 points)fears.rituals.emotions.social values.Question 18(Multiple Choice Worth 3 points)produce at the lowest cost possible.encourage other firms to cooperate in setting prices.establish extensive control of their particular market.distinguish their products from those of other companies.Question 19(Multiple Choice Worth 3 points)041215Question 20(Multiple Choice Worth 3 points)0468Question 21(Multiple Choice Worth 3 points)12162430Question 22(Multiple Choice Worth 3 points)supply.demand.cost.revenue.Question 23(Multiple Choice Worth 3 points)1 and 22 and 33 and 44 and 5Question 24(Multiple Choice Worth 3 points)supply.demand.cost.revenue.Question 25(Multiple Choice Worth 3 points)2468Question 26(Multiple Choice Worth 2 points)limited liability company.sole proprietorship.corporation.partnership.Question 27(Multiple Choice Worth 2 points)expansion.local business.hard-to-find products.taxation purposes.Question 28(Multiple Choice Worth 2 points)sole proprietorship.conglomerate.corporation.partnership.Question 29(Multiple Choice Worth 2 points)limited liability company.sole proprietorship.corporation.partnership.Question 30(Multiple Choice Worth 2 points)limited liability company.sole proprietorship.corporation.partnership.Question 31(Multiple Choice Worth 2 points)acquires a company that produces vaults.purchases a share of the U.S. Treasury.divides into two new banks.combines with another bank.Question 32(Multiple Choice Worth 2 points)buyers lack product information.buyers are victim to artificially high prices.sellers have little to no price control.sellers must spend a great deal on advertising.Question 33(Multiple Choice Worth 2 points)oligopoly.monopoly.pure competition.monopolistic competition.Question 34(Multiple Choice Worth 2 points)gain more control of the product market.avoid government regulation of business.reduce the costs of production.increase the level of competition.Question 35(Multiple Choice Worth 2 points)few competitive firms with the same products.many sellers with differentiated products.a perfectly elastic demand curve.one seller.Question 36(Multiple Choice Worth 3 points)increase.decrease.stay the same.reflect inflation.Question 37(Multiple Choice Worth 3 points)Workers are not applying for this job.Company owners expect to lose business.The government decreases the minimum wage.The job requires workers to have special certification.Question 38(Multiple Choice Worth 3 points)costs.taxes.profits.marginal revenue.Question 39(Multiple Choice Worth 3 points)there is no more room in the facility.the government restriction on workforce is reached.the additional profit is less than the cost of hiring.there is no more money available for capital investment.Question 40(Multiple Choice Worth 3 points)increase.decrease.stay the same.reflect inflation.