Marketing (MM) Quiz

Marketing (MM) Quiz

12th Grade

33 Qs

quiz-placeholder

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Marketing (MM) Quiz

Marketing (MM) Quiz

Assessment

Quiz

Other

12th Grade

Practice Problem

Medium

Created by

Ebonee Armstrong

Used 8+ times

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33 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an external factor that affects business cycle?

Money Supply

Climatic Changes

Aggregate Demand

Inventory Levels

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What motivates a business owner to improve efficiency?

Income

Profits

Sales

Expenses

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is determined by counting the number of completed packages at a gift wrapping booth?

Ratio

Input

Output

Capital

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Marketing functions involve interrelated activities to get goods and services from producers to:

Consumers

Wholesalers

Retailers

Manufacturers

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What increases gross domestic product:

Decreasing exports

Improving the use of resources

Reducing productivity

Purchasing fewer capital goods

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The point at which producers begin to make a profit on a product is known as: Total revenue - marginal cost = producer surplus

Surplus

Risk

Demand

Break Even

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

As the price of an item increases demand will:

Remain constant

Increase

Decrease

Create inflation

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