Sales maximization is likely to take place in markets that are ?

Related Mcqs:

1. Growth maximization is the same as ?

   A. sales revenue maximization
   B. maximization the growth of sales revenue.
   C. Sales maximization
   D. long-run profit maximization.

2. You are planning to run a hot dog stand during a forthcoming fair. You originally estimated that you will generated sales revenue of Rs 2000 and you have already spent Rs 1000 building the hot dog stand. The hot dog stand is nearly completed but now you estimate total sales to be only Rs 800 because the fair clashes with a major music festival in a nearby location. You can complete the hot dog stand for another Rs 300 Your decision rule should be to complete the hot dog stand as long as the cost to complete the stand is less than ?

   A. Rs 300
   B. Rs 1000
   C. Rs 500
   D. Rs 800

3. Suppose that rising U.S income leads to higher sales and profits in the United States This would likely result in ?

   A. increasing portfolio investment into the United States
   B. decreasing portfolio investment into the United States
   C. increasing direct investment into the United States
   D. decreasing direct investment into the United States

4. If interest rates rise then costs are likely to _______ and demand is likely to _________?

   A. rise, fall
   B. rise; rise
   C. fall; fall
   D. fall; rise

5. If VAT rates rise, then costs are likely to ___ and demand is likely to ____?

   A. rise; rise
   B. rise; fall
   C. fall; fall
   D. fall; rise

6. Which of the following government policies is least likely to increase likely to increase growth in Africa ?

   A. increase expenditure on public education
   B. eliminate civil war
   C. All of these answers would increase growth
   D. increase restrictions on the importing of American tractors and electronics

7. Mention the term for an official act of reducing the rate in which one currency is exchanged for another in international currency markets ?

   A. Devolution
   B. Devaluation
   C. Price cap
   D. Cut-rate

8. Which of the following strategies have developing countries not used to deal with the problem of unstable export markets ?

   A. multilateral contracts
   B. production and export controls
   C. buffer stock arrangements
   D. tariff-rates quotas

9. Many U.S firms have sought relief from foreign competition by demanding protectionism policies by the U.S government. A better way for companies to compete is to expand into foreign markets and ?

   A. lower prices
   B. increase promotion both at home and abroad
   C. continuously improve their products at home
   D. join into cartels at home

10. Markets sometimes fail to exist because of________?

    A. externalities
    B. the free-rider problem
    C. a and b
    D. a and c