DECA Marketing Exam Practice (2017 20-34)

DECA Marketing Exam Practice (2017 20-34)

9th - 12th Grade

15 Qs

quiz-placeholder

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DECA Marketing Exam Practice (2017 20-34)

DECA Marketing Exam Practice (2017 20-34)

Assessment

Quiz

Other, Professional Development, Business

9th - 12th Grade

Practice Problem

Medium

Created by

Valeri Guevarra

Used 142+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Research and development speed up production by


providing employees with adequate job training

simplifying existing products.

limiting inflation.

reviewing company goals with employees.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If total cost is $3,000 with zero quantity produced and $6,500 with 1,000 items produced, what is the marginal cost of producing each item?

$3.50

$3.00

$6.50

$1.00

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the Keynesian theory of unemployment, the best solution for unemployment is to

keep prices the same.

cut wages.

increase demand.

increase inflation.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is considered an external cause of business cycles:

Climatic changes

Aggregate demand

Money supply

Inventory levels

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Levels of inflation and unemployment are factors that affect __________ in the world market.

communication

specialization

satisfaction

competition

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A nation's currency exchange rate is likely to increase when

the labor force shrinks.

consumer confidence is high.

an economic contraction occurs

. stock values fluctuate.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Knowing your personal strengths and weaknesses helps you to

ask others for input about your strengths and abilities.

identify potential strengths and weaknesses in others.

make informed decisions about your future.

perform well on a skills assessment test.

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