New POB Unit 5 #1

Which is an example of an economic service?

The two main divisions of the trade industry are:

What do customers need to present at time of purchase to get $ taken off the purchase price?

Which group of words best describes wants?

If a business is not concerned about social responsibility, it is likely to:

The usefulness of a product to consumers is referred to as product:

A major characteristic of a market economy is which type of ownership of property?

Which is an example of a speculative business risk?

Which is an example of an economic factor that affects the business environment?

The two main divisions of the trade industry are:

Which is a factor that affects the business environment?

A major characteristic of a market economy is which type of ownership of property?

Which is an example of ethical business behavior?

A local dry cleaner that also launders and presses shirts is selling:

The desire for which item(s) would be considered a non-economic want?

Which occurs when the supply of individuals who are able and willing to work diminishes?

A business selects goods or services to sell. Which type of risk is this business using?

Who decides how goods and services will be marketed in a private enterprise economic system?

Countries whose gov. provide citizens with free medical care, education, & other benefits.

When manufacturers return part of the purchase price of an item to the customer, they are?

A business selling winter holiday decorations in late autumn is creating what type of utility?

A killing frost destroys 80% of Florida's citrus crop. This will most likely create:

Which situations would cause prices to rise?

Which is a natural resource that can be renewed through people's efforts?

Which is an external factor that affects market price?