Unit 2 Macro Test Review

Unit 2 Macro Test Review

12th Grade

49 Qs

quiz-placeholder

Similar activities

FUNGSI SOSIOLOGI DALAM MASYARAKAT

FUNGSI SOSIOLOGI DALAM MASYARAKAT

12th Grade

50 Qs

Ketergantungan antarruang

Ketergantungan antarruang

10th Grade - University

51 Qs

KISI2 PTS GNP MULOK MIKROTIKK

KISI2 PTS GNP MULOK MIKROTIKK

12th Grade

50 Qs

12 - ÔN TẬP ĐỊA LÝ TỰ NHIÊN

12 - ÔN TẬP ĐỊA LÝ TỰ NHIÊN

12th Grade

45 Qs

ULANGAN HARIAN SEMESTER GENAP

ULANGAN HARIAN SEMESTER GENAP

9th - 12th Grade

50 Qs

Primer parcial de Psicotécnica pedagógica

Primer parcial de Psicotécnica pedagógica

1st Grade - University

50 Qs

9. třída - náboženství

9. třída - náboženství

6th - 12th Grade

53 Qs

KISI-KISI PAS KELAS 9 SEMESTER GANJI

KISI-KISI PAS KELAS 9 SEMESTER GANJI

12th Grade

50 Qs

Unit 2 Macro Test Review

Unit 2 Macro Test Review

Assessment

Quiz

Social Studies

12th Grade

Medium

Created by

Callie Porcher

Used 13+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

49 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A _______________ is a business owned jointly by two or more people. 

Partnership 
Corporation 
Limited Liability Corporation (LLC)
Sole Propirtorship

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

An advantage of a corporation is that

owners pay fewer taxes than owners of other forms of business.
the business is subject to little government regulation.
owners have limited liability for debt.
owners have direct and immediate control over daily management of the business.

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Perfect competition is characterized by

a large number of sellers and buyers.
diverse products.
sellers acting together to set prices.
uninformed buyers and sellers.

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Barry and two associates have been operating a business that is not going well. Barry is stressed out because the company is over $200,000 in debt and he knows that if it goes out of business, he and his two associates will have to pay it out of their own pockets. It sounds like Barry and his two associates have a 

partnership.
corporation.
sole proprietorship.
stock.

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Mr. Simpson is liable for all the debts of his company. Mr.Simpson has which type of business organization?

sole proprietorship
monopoly
perfect competition
corporation

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which market has no competition?

perfect competition
oligopoly
monopoly
monopolistic competition

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which market structure is BEST indicated by the soda market?

monopoly
pure competition
oligopoly
natural monopoly

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?