The amount of goods, services that producers offer for sale.

Do markets have a physical location?

Markets are wherever people trade.

What is a labour market?

A place where worker and employers interact with each other.

Company profits paid to shareholders.

What is a stock market?

Where shares in companies are bought and sold.

What are financial markets?

Where people trade money., A place where people trade financial commodities.

Money paid regularly in repayment of debt.

Why has online shopping increased over the last fifteen years?

New and improved technology makes online shopping easier.

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Business and Economic Questions

11 termsStudBud Administration52 plays

A quick quiz of #Australian #economic and #business questions.

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Questions 11

Answers

1
What is profit.
Money
What consumers pay for goods and services.
What retailers charge for their goods.
What remains after costs.
2
What does ASX stand for?
Australian Social WorkeXs.
Australian Securities Exchange
Australian Securities eXcellence
Australian Soccer Xtreme.
3
What is supply?
How much a consumers purchasers.
The amount of goods, services that producers offer for sale.
What is in a store.
What is in the shopping trolley.
4
Do markets have a physical location?
Markets require a physical location.
Markets are wherever people trade.
Markets sometimes require a location.
Markets need shops.
5
What is the minimum wage the must be paid to all employees over the age of 21?
$16.87
$15.65
$12
There is no minimum wage.
6
What is a labour market?
A place where worker and employers interact with each other.
A market where people bid for labourers.
A market for labourers.
Where workers compete for jobs.
7
What are dividends.
The end of a contract where the parties have to sign.
Company profits paid to shareholders.
Left over money.
An agreement dividing up an estate.
8
What is a stock market?
Where shares in companies are bought and sold.
The market where chefs buy and sell stock flavouring.
A market that can be organised anywhere.
A standard market.
9
What are financial markets?
Where people trade money.
Where businesses make money.
Where people get money.
A place where people trade financial commodities.
10
What is interest?
Money that is interesting.
Cost of doing business.
Money paid regularly in repayment of debt.
Money for banks.
11
Why has online shopping increased over the last fifteen years?
New and improved technology makes online shopping easier.
The internet is new and exciting.
Online shopping is quick and efficient.
People prefer shopping with screens to stores.

Business and Economic Questions Flashcards | StudBud