A. fixed costs
B. risk
C. opportunity costs
D. prime costs
Related Mcqs:
- Official sanctions usually entail________________?
A. public recognition
B. the threat of force
C. a transgression of the law
D. all of the above - In economic terms incomes are distributed according to________________?
A. a person’s marginal productivity
B. whom one knows
C. which skills one has
D. innate talent - Property is defined in terms of rights of_________________?
A. Ownership
B. consumption
C. distribution
D. production - ocial change must be analyzed in terms of________________?
A. stability and efficiency
B. statics and dynamics
C. backward and forward progress
D. if it is good for the people - What kind of a system is the economic institution ?
A. Cultural and social
B. Religious and educational
C. Semantic and semitic
D. Typically, American - In economic growth it is important to consider________________?
A. the quantity of capital and labor
B. the quality of capital and labor
C. the quality of the labor force
D. all of the above - Which perspective looks at the world-wide context and emphasizes economic factors ?
A. Realism
B. Neo-realism
C. Globalism
D. Pluralism - Italy has had many changes in political leadership since World War II However economic and legal specialists keep the nation going We would call their authority_______________?
A. legal-rational
B. charismatic
C. traditional
D. irrational - Entities such as the U.N and the European Economic Community (Common Market) are classed as_____________?
A. IGOs
B. LDCs
C. ICUs
D. EEcs - Which of the following is NOT within the secondary economic sector ?
A. Home construction
B. Oil drilling
C. Salmon canning
D. All of these
