The chart shows taxable income. which explains a difference between income and taxable income? income is what a person earns, while taxable income reflects deductions subtracted for relevant expenses. income is what a person earns, while taxable income reflects what is left after paying federal taxes. income is what a person earns, while taxable income reflects what is left after paying local and state taxes. income is what a person earns, while taxable income reflects what is received from the irs in a tax refund.
The law of supply states that as the price of a good rises, the quantity supplied of that good disappears. decreases. remains the same. increases.
The amount of goods and services consumers want is called? A.the count. B.demand. C.number. D.supply.
Which of the following best describes a cartel? A.when businesses agree to limit supplies of a product C.complete control of a product or service
Motor vehicle crashes cost americans _____ of dollars every year. a.hundreds b.thousands c.millions d.billions
Which of the following is an example of search costs? (1 point) paying a premium cost for goods buying goods in some special way that is outside the normal channels driving to a faraway place to find available goods selling extra goods for a discount price
What most likely will happen if the pie maker continues to make additional pies? the marginal costs will continue to rise, increasing the total cost, while the marginal revenue remains the same, decreasing the profit. the marginal costs will continue to fall, decreasing the total cost, while the marginal revenue remains the same, increasing the profit. the marginal costs will continue to rise, increasing the total cost, while the marginal revenue remains the same, increasing the profit. the marginal costs will continue to fall, decreasing the total cost, while the marginal revenue remains the same, decreasing the profit.?
What's the main advantage of establishing per-item prices on an order and pricing form? a. Clients have a way to tailor a catered event to their budget. b. Clients are informed in advance that high-cost items should be excluded. c. You can reduce the cost of materials and labor. d. You can estimate your total cost and reduce overhead.
Why do store owner want their workers to wear clean, ironed clothing? a. Well groomed employees present a good image to customers. b. Well groomed employees will work longer hours for less pay. c. Well groomed employees brag to each other about their clothes, increasing morale. d. Well groomed employees steal fewer items from the store.
When someone is considering a career as a lawyer, future earnings are the net cost. net benefit. future cost. future benefit.
How does the united nations development program use its resources? A. It provides health programs for mothers and children B. It develops natural resources *C. It invests funds in industrialized nations D. It works to eliminate poverty through development What is the establishment of a business enterprise by someone who lives outside a country called? A. A foreign production group B. A Multinational corporation *C. A foreign direct investment D. An outside capitalization Why does the money that is invested in many less developed countries have to come from outside the country? *A. The amounts needed are so large that they have to come from outside B. Entrepreneurs from developed countries do not want to invest in these countries C. Most residents do not have enough money to save and invest in these countries D. Multinational corporations want to invest in these countries What does the International monetary fund offer to a less developed country? A. Foreign grants and loans B. Policy advice and technical assistance C. Wage and price controls D. Health and education services
Which of the following has a pure market economy? the United States China Great Britain none of the above
Why does an economist create a market demand curve? to predict how people will change their buying habits when prices change to have an idea of how a market would change if conditions in an area changed to show how various conditions can change the demand for a good to learn what demands the market will make under unusual conditions?
Liquidity refers to the degree of readiness of conversion of an asset into common stock. a. True b. False
Which is the most likely scenario in which someone would take out a short-term loan with a bank? to buy a skateboard to by a second home to pay for credit card debt to buy a car
What benefit does a 401(k) plan provide over an IRA? a higher rate of return fewer investment options less investment risk on-hand financial advisors employer’s contribution
A customer returns a defective item she recently purchased. She loves the merchandise, but the store doesn't have any more like it. What would you do?
Which of the following documents thanks the interviewer and restates the applicant’s interest in the job? a. Cover letter b. Acceptance letter c. Thank-you letter d. Rejection letter
Short-term financial goals might include spending less on gas. buying movie tickets. purchasing a new car. saving up for vacation.
If an interviewee asks questions at the end of an interview they are: a. wasting the interviewers time b. taking unnecessary steps c. showing interest in the job d. all of the above
1. Your friend is developing a marketing plan for her new business. What should she put in this plan? A. Where she wants to sell her product B. The price of her product C. A description of the people in her target market D. All of the above 2. Which statement is the best description of Value Proposition? A. The cost of creating the product. B. A component of the business plan that identifies the target market for the product. C. The features and benefits that make the product or business unique. D. None of the above 3. What is the main purpose of developing business pitch? A, To tell investors all the important details and goals of your business so they don't need to read the business plan. B. To provide customers with an in-depth description of how your business was formed. C. To briefly share the most important information about your business to people in an engaging way. D. To determine whether your business idea is a business opportunity. 4. Which of the following is probably NOT an important point to include in a business pitch? A. A detailed description of the meaning behind the company's name. B. The problems that the product or service solves or the demands it meets. C. how the product or service is different. D. Clear reasons why the potential customers and investors should care about the business. 5. Why is it important to conduct market research on your target audience before building your marketing plan? A. Newspapers and magazines will give you a discount on advertisements if you show them your research. B. You need to consider who your potential customers are before deciding on marketing strategies. C. Customers enjoy sharing their opinions, so market research will make your product sell more. D. It doesn't matter which one you do first.