An unemployed salesperson has been offered a job paying Rs500 a week. He turns that job down and continues to search for another job that pays more. The cost of this continued search is ?

Related Mcqs:

1. The migration of employable workers from low-paying nations to high-paying nations tends to decrease ?

   A. total wage income in the world
   B. wage disparities
   C. business or capitalist income in the world
   D. the productivity of labor

2. The migration of employable workers from low-paying nations to high-paying nations will ?

   A. decrease wage rates in the low-paying nations
   B. decrease productivity and real output in the world
   C. increase business or capitalist incomes in the high-paying nations
   D. increase business or capitalist incomes in the low-paying nations

3. The migrations of electricians from low-paying nations to high-paying nations is most likely to be challenged by ?

   A. electrician unions in the high-paying nations
   B. electrician unions in the low paying nations
   C. electrician employers in the high-paying nations
   D. electricians who stay in the low paying nations

4. _______ is the step in the selling process in which the salesperson learns as much as possible about a prospective customer before making a sales call?

   A. Prospecting
   B. Preapproach
   C. Approach
   D. Handling objections

5. Each salesperson is assigned to an exclusive area in which to sell the company’s full line of products or services in which type of salesforce structure ?

   A. Territorial sales force
   B. Product sales force
   C. Customer sales force
   D. Hybrid sales force

6. Suppose the equilibrium price for apartments is Rs500 per month and the government imposes rent controls of Rs250 Which of the following is unlikely to to occur as a result of the rent controls?

   A. There may be long lines of buyers waiting for apartments
   B. Landlords may discriminate among apartment renters
   C. Landlords may be offered bribes to rent apartments
   D. there will be a storage of housing
   E. the quality of apartments will improve

7. If a cobbler buys leather for Rs100 and thread for Rs50 and uses them to produce and sell Rs500 worth of shoes to consumers the contribution to GDP is ?

   A. Rs50
   B. Rs100
   C. Rs650
   D. Rs500

8. Total increases from Rs500 to Rs600 when output increases from 20 to 30 units. Fixed costs are Rs200 Which of the following is true ?

   A. Marginal cost is Rs20
   B. Average cost falls
   C. Variable cost rises by Rs100
   D. Average fixed cost is Rs10

9. Total increase from Rs500 to Rs600 When output increases from 20 to 30 units Fixed costs are Rs200 Which of the following is true ?

   A. Marginal cost is Rs20
   B. Average cost rises
   C. Variable cost rises by Rs200
   D. Average fixed cost was Rs10originally

10. If two jobs require the same amount of skills and experience the job that pays the most is most likely to be the one that is ?

    A. unpleasant
    B. all these answers
    C. safe
    D. fun
    E. easy