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Entrepreneurship 2bgu - Partial 4

Total questions: 19

Worksheet time: 6mins

Name
Class
Date
1.

Costs that have already been done and cannot be used in any other option

a)

Opportunity Costs

b)

Marginal Costs

c)

Sunk Costs

d)

Fixed Costs

2.

Prices of most products increase

a)

Inflation

b)

Interest Rate

c)

Exports

d)

Imports

3.

In supply, if the prices of a product goes up, the supply goes down

a)

True

b)

False

4.

Which market serves directly to the final customer?

a)

Wholesale markets

b)

Monopolies

c)

Retail Markets

d)

Regulated Markets

5.

Several companies offer a product with slight characteristics that differentiate hem from each other

a)

Perfect competition

b)

Imperfect competition

c)

Monopolistic competition

d)

Oligopolistic competition

6.

Looks at individual markets and the decision-making of consumers, businesses and governments.

a)

Economics

b)

Microeconomics

c)

Macroeconomics

d)

Economy

7.

When you choose one alternative over other you are using

a)

Opportunity costs

b)

Marginal costs

c)

Fixed costs

d)

Sunk costs

8.

Retrospective costs meaning that they incurred in the past

a)

Fixed costs

b)

Sunk costs

c)

Opportunity costs

d)

Variable costs

9.

Imports are higher than exports there is a

a)

Surplus

b)

Withdraw

c)

Withhold

d)

Deficit

10.

Quantity of products that consumers are willing to buy at certain prices

a)

Supply

b)

Demand

c)

Income

d)

Export

11.

There are many sellers and buyers, therefore no one can influence the price

a)

Perfect competition

b)

Imperfect competition

c)

Monopolistic competition

d)

Oligopolistic competition

12.

When the Active Interest Rate decreases, debts are

a)

the same

b)

more expensive

c)

less expensive

d)

regulated

13.

There is one factor that companies cannot modify despite their needs.

a)

Productivity Theory

b)

Production Theory

c)

Pricing Theory

d)

Product Theory

14.

Happiness points that are completely subjective

a)

Utils

b)

Utiles

c)

Utilts

d)

Using

15.

Considering them can lead you to a more profitable decision-making

a)

Market costs

b)

Marginal costs

c)

Sunk costs

d)

Opportunity costs

16.

The value of all final goods and services produced in the economy with in a territory

a)

Gross Domestic Product

b)

Gros Domestic Product

c)

Gross Inside Product

d)

Gros Inside Product

17.

A market that sets prices based on supply and demand

a)

Regulated markets

b)

Deregulated markets

c)

Controlled markets

d)

Uncontrolled markets

18.

The money that authorized financial institutions pay for the money deposited by clients

a)

Passive Interest Rate

b)

Active Interest Rate

c)

Debt Interest Rate

d)

Banking Interest Rate

19.

It explains the pricing strategies of businesses

a)

Marginal Costs

b)

Marginal Analysis

c)

Marginal Analytics

d)

Marginal Concepts