stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Economics (UNIT 4): Business and Labor Review Flashcards | StudBud
Explore
/
Economics (UNIT 4): Business and Labor Review
Economics (UNIT 4): Business and Labor Review
25 terms
·
StudBud Administration
·
758 plays
Imported from external platform
Flashcards
25 cards
F
Practice quiz
P
Host live
L
Questions
25
Answers
1
What color of mushroom will give Mario/Luigi an extra 1UP (life)??
red and orange
blue and yellow
green and white
purple and yellow
2
A corporation that operates and exists in more than one nation is called a/an_______________
multinational
joint venture
sole proprietorship
conglomerate
3
Which of the following is an example of a NONPROFIT ORGANIZATION?
Walmart
PetSmart
Hormel
The United Way
4
Mel's One Stop is the only gas station for 120 mile radius. Mel's station has a_____monopoly
natural
geographic
government
technological
5
A joint venture is_______
not possible anywhere
a type of partnership
temporary
sole proprietorship
6
Which of the following is NOT a type of business competition?
monooligripoly
perfect competition
monopolistic competition
monopoly
7
A cable company that has no competitors with their cable service is a/an________
geographic monopoly
technological monopoly
natural monopoly
government monopoly
8
Which of the following would
be an example of an OLIGOPOLY?
City of Sioux City
Coca-Cola
McDonalds
American Eagle
9
Businesses make money by lowering_______ and increasing___________
profit; spending
standards; controversy
prices; spending
costs; revenue
10
Name the Game/App
Instagram
Trivia Crack
Sporcle
Snap Chat
11
A_________is a group that works together to control supply and price of a good/service
non-profit organization
military leaders
cartel
black market
12
A__________ is an organization of workers started to help get better wages and benefits
labor union
labor strike
cartel
club
13
Process by which employees and employers negotiate terms of employment (wages, benefits, etc.)
contractual litigation
collective bargaining
infiltration
restitution
14
Which of these is
NOT
a franchise
Subway
Burger King
WalMart
McDonalds
15
A___________ has control over a patent or production process...
geographic monopoly
government monopoly
natural monopoly
technological monopoly
16
Charging different prices for consumers in different markets for the exact same good/service is
price discrimination
price leadership
progressive pricing
collective bargaining
17
Which of the following is
NOT
a factor that affects a job's wages?
skill level/training
location of job
your political affiliation
type of job
18
Name this Movie
Snow White
Short Circut
Up
Wall-E
19
In a limited partnership, the limited partner is responsible for....
serve as a director of <br>internal operations
all the debt of the business
running the business
provide money and capital
20
A dentist's office that is owned and operated by three dentists would be a/an
partnership
corporation
sole proprietorship
business venture
21
A large megacorporation such as Disney or Viacom would be an example of a/an________
monopoly
vertical merge
sole proprietorship
conglomerate
22
Name the MOVIE
Treasure Planet
Hawaiin Vacation
Mulan
Lilo & Stitch
23
A corporation that operates and exists in more than one nation is called a/an_______________
sole proprietorship
joint venture
multinational
conglomerate
24
Which is something that labor unions did
NOT
fight for regarding workers?
vactation and sick time
better wages
inreased child labor
good working conditions
25
Name this video game...
Super Mario Kart
Mario & Luigi Save Peach
Super Mario Bros 3
Super Mario Bros