Econ

What is the market structure characterized by many sellers but closely related with different features such as cosmetics, fastfood, and cellphones?

• Perfect Competition

• Monopoly

• Oligopoly

• Monopolistic Competition

What is the term used to describe all the enterprises involved in producing food and cultivated products for consumer use?

• Services

• Manufacturing

• International Trade

• Agribusiness

What is the framework for identifying and analyzing an organization's strengths, weaknesses, opportunities, and threats?

• SWOT Analysis

• Market Classification

• Market Structure

• Labor Market

What is the term for a good that is consumed by an individual and cannot be consumed by another individual?

• Private Goods

• Common Goods

• Public Goods

• Club Goods

What is the action plan of the United Nations related to sustainable development adopted in 1992 in Rio de Janeiro, Brazil?

• Sustainable Development Goals

• Philippine Agenda 21

• Welfare Economics

• Agenda 21

What is the branch of economics that seeks to evaluate economic policies in terms of their effects on the well-being of the community?

• Welfare Economics

• Market Analysis

• Monetary Policy

• Fiscal Policy

What is the term for the ease of use of an asset to pay for transactions, with cash being the most liquid form?

• Fiscal Policy

• Central Bank

• Money Supply

• Liquidity

What is the term for the portion of reservable liabilities that commercial banks must hold onto, rather than lend out or invest?

• Bank Rate

• Stocks and Bonds

• Open Market Operations

• Reserve Requirement Ratio

What is the term for the creation of new products, either from raw materials or components?

• Manufacturing

• International Trade

• Services

• Agribusiness

What is the term for the strategy undertaken by companies to take an active and positive social role in the world around them?

• Fiscal Policy

• Monetary Policy

• Sustainable Development

• Corporate Social Responsibility