Jonas has a business selling widgets. He produces 250 widgets each week and sells all of them at a price of $25 per widget. His variable cost is $8 per widget and his fixed expenses total $400 per week. All other things being equal, which of the following would make Jonas' Profit increase?

Jonas' variable cost decreases to $7 per widget

Jonas' variable cost increases to $9 per widget

Jonas' quantity sold decreases to 200 widgets

Jonas' fixed cost increases to $450

Lakayla has a business selling t-shirts. She produced 500 t-shirts last month and sold 350 at a price of $15 each. Her variable cost is $5 per t-shirt and her fixed expenses totaled $300 for the month. All other things being equal, which of the following would have lessened Lakayla's profit?

variable cost decreases to $4 per t-shirt

quantity produced decreased to 450

Introducing a new product or service to market.

it's the development of new ideas or better solutions.

Refers to the words and symbols such as a name, logo and slogan that represent a business' identity.

The legal entity that is used when people set up a business

Introducing a new product or service to market.

it's the development of new ideas or better solutions.

Refers to the words and symbols such as a name, logo and slogan that represent a business' identity.

The legal entity that is used when people set up a business

An individual who sets up a business, creates a new idea and who is willing to take a loss in order to make money.

A member of a business who shared different responsabilities among all members.

A business proposal is designed to persuade an organization to buy a product or service or even be part of it.

it is another term for a business

________________________ establishes the goals and tactics of every marketing campaign . It keeps everyone in your organization on the same page.

Registering a business with authorities

BUSINESS ENGLISH VOCABULARY PRACTICE

Authored by Marta Conde

English

Professional Development

CCSS covered

Used 2+ times

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176 questions

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MULTIPLE CHOICE QUESTION

15 mins • 1 pt

a line of people or machinery in a factory, each making a specific part of a product.

manufacture

handmade

product line

raw materials

Tags

CCSS.RI.9-10.4

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

to make a large number of goods usually in a factory and using machinery

manufacture

handmade

product line

raw materials

Tags

CCSS.RI.9-10.4

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

The basic substances that are used to make a product.

manufacture

handmade

product line

raw materials

Tags

CCSS.RI.9-10.4

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Manufacturing too much of something in relation to demand

Prototype

Overproduction

product testing

mass production

Tags

CCSS.RI.9-10.4

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

The first form of a design that can be changed, copied, or developed.

Prototype

Overproduction

product testing

mass production

Tags

CCSS.RI.9-10.4

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

A process to check that goods meet certain standards.

Prototype

Overproduction

product testing

mass production

Tags

CCSS.RI.9-10.4

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

the process of making large numbers of goods, usually in a factory.

Prototype

Overproduction

product testing

mass production

Tags

CCSS.RI.9-10.4

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

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BUSINESS ENGLISH VOCABULARY PRACTICE

a line of people or machinery in a factory, each making a specific part of a product.

to make a large number of goods usually in a factory and using machinery

The basic substances that are used to make a product.

Manufacturing too much of something in relation to demand

The first form of a design that can be changed, copied, or developed.

A process to check that goods meet certain standards.

the process of making large numbers of goods, usually in a factory.

a declaration that a product meets certain standards and is suitable for sale.

the external wrapping of goods before they are sold

a series of actions or steps that are done in a particular order

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