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economics
What is a mixed economy?
What is Opportunity Cost?
economics
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1
What is Opportunity Cost?
the cost of the 2nd best alternative when 1 choice is made than another
The opportunity for a business to purchase stocks.
the cost of the worst alternative when 1 choice is made rather than another
The opportunity for a business to sell stocks.
2
What is a mixed economy?
an economic system combining private and public enterprise.
production, investment, prices, & incomes are determined by a government.
BLENDER
an economy run by everyone.
3
The knowledge and training necessary to produce a good or a service.
supply and demand
labor
Human capital
Economics
4
If a society decides to produce cars and computers they have answered which of the following questions?
Where to produce?
How to produce?
Who the target audience is?
What to produce?
5
which points on the graph below represent efficiency in production?
B, A, and D
A and X
B and C
B, D, and C
6
How old do you have to be to open a trading account
14+ with gaurdian permission
18+
21+
12+ with gaurdian permission
7
what is a command economy?
communism
a dictatorship from the 1920's during WWI
investment, prices, and incomes are determined by a government.
The government gets no say in the economy.
8
what are factors of production?
Labor, economics, capital. and Market.
Land, supply, demand, and market.
Land, Labor, Market, and Utitlity.
Land, Labor, capital, and entrepreneurship.
9
what happend in the 1960's?
An alien came down and took a cow (some dude's mom)
gay people were beaten and k!lled for their money and cops would ignore it
straight people took 20% of gay peoples paychecks
A bear stole a family's picnic and made it onto the news.
10
am i a man? or am i a muppet?
Man
A very manly muppet
Muppet
a muppet of a man
11
Consumer Sovereignty is when the consumer is the ruler of the marketplace, determing the goods / services produced
True
False
12
If you are not looking for a job and do not have a job, you are unemployed.
True
False
13
Land, Labor, capital, and entrepreneurship are the factors of production.
False
True
14
What is scarcity
a problem facing some societies due to limited resources & unlimited wants.
when there is more product on the market than consumers want to buy.
Scary man in the closet
a problem facing all societies due to limited resources & unlimited wants.
15
North korea is a mixed economy
False
True
16
The risk taking individual in search of profits.
successful small business owner
President
Entrepreneurship
C.E.O
17
What does the green arrow mean with stocks?
That profits are rising.
It depends on the company.
That the product is green.
That profits are falling.
18
are apples stocks going up or down?
up
Trick question, apple isn't real.
neither, it's steady
down
19
What is a stock broker?
They guy who breaks celery in the back ally for pocket soup
someone licensed to trade stocks & other financial products at an exchange
someone who is in charge of controlling the stocks for various buisness's
someone licensed to sell stocks and other financial products
20
does the stock market rely on supply and demand?
False
True
21
If a society decides to pay doctors more than it pays teachers they have answered which of the following questions?
What to produce?
For whom to produce?
None of the above.
That society favors doctors over teachers
22
What is stock trading?
trading your first born child for chick stock
Pikachu! I choose you!
trading financial papers with other business for different stock
the process of buying and selling stocks through a stock exchange.
23
is the u.s a mixed economy?
True
False
24
Are nintendo's stocks going up or down
Up
Down
It's steady
mushroom:)
25
sun from is fnaf gay
True
False
26
Are mcdonalds stocks going up or down?
Up
neither they are at a steady speed
Ronald Mcdonald cant hurt you dont worry...-Mcdonald ceo
down
27
Why did the last quiz get flagged
bc mcdonalds forgot our nugs
bc Isaac got drenched
slurs.
bc of Julians history
28
What is a stock market?
Soup market
a group of exchanges (of stock)
Some dude in Cuba
A market where the people and government are equals
29
Are Disney's stocks going up or down?
Walt disney frozen head #notclickbait
Its at a steady pace right now
Up
Down
30
What is a stock?
Line go brr
a vegital often placed in soup
the rise or tanking of a company
a portion (or share) of a publicly-traded company and its assets.
