A _____ is a good offered either free or at low cost as an incentive to buy a product ?

Related Mcqs:

1. According to Supply-side economists. if taxes are cut so that people have an increased incentive to work and businesses have an increased incentive to invest ?

   A. aggregate supply will increase will increase aggregate demand will decrease and the price level will decrease
   B. aggregate supply will increase will increase aggregate output will increase and the price level will decrease
   C. aggregate supply will increase will increase aggregate output will increase and the price level will increase
   D. both aggregate supply and demand will increase will increase and the price level will increase

2. According to supply-side economists if taxes are cut so that people have an increased incentive to work and businesses have an increased incentive to invest ?

   A. aggregate supply will increase , aggregate demand will decrease
   B. aggregate supply will increase, aggregate output will increase and the price level will decrease
   C. aggregate supply will increase aggregate output will increase and the price level will increase
   D. both aggregate supply and demand will increase and the price level will increase

3. A country has a comparative advantage in the production of a product if the good’s _____ cost in different from the good’s _____ cost in another country ?

   A. resource; resource
   B. foreign exchange money
   C. opportunity; opportunity
   D. money; opportunity

4. A company is in the ________ stage of the new product development process when the company develops the product concept into a physical product in order to assure that the product idea can be turned into a workable product ?

   A. product development
   B. commercialization
   C. marketing strategy
   D. business analysis

5. If the total product of two workers is 80 and the total product of 3 workers is 90 then the average product of the third worker is ________ and the marginal product of the third worker is _________?

   A. 160; 270
   B. 10; 30
   C. 10; 3.33
   D. 30; 10

6. When average cost is falling marginal cost is ________ and when average cost is rising marginal cost is?

   A. greater than average cost, greater than average cost
   B. less than average cost, greater than average cost
   C. less than average cost, less than average cost
   D. greater than average cost, less than average cost

7. R&D and engineering first produce the product concept into a physical product during which of the following stages of the new product development process ?

   A. Concept development and testing
   B. Marketing strategy
   C. Business analysis
   D. Product development

8. Which of the following firms has the least incentive to advertise ?

   A. a manual fracture of breakfast cereal
   B. a wholesaler of crude oil
   C. a restaurant
   D. a manufacturer of home heating and air conditioning

9. In the absence of international capital controls, central banks set ________ to provide the correct incentive for speculators?

   A. money supply targets
   B. income policy
   C. interest rates
   D. inflation targets

10. Goals are achieved through ____ such a monetary fiscal, exchange rate tariff tax subsidy, business incentive foreign investment and foreign aid?

    A. indicative plan
    B. central bank policies
    C. central planning
    D. instrument variables