ECO/561PR - ECONOMICS Ius In modern society people desire goods and services that provide a more comfortable or affluent standard of living. We want bottled water‚ soft drinks‚ and fruit juices‚ not just water from the creek. We want salads‚ burgers‚ and pizzas‚ not just berries and nuts. According to MC-Connell (2008) “Economics‚ which is the social science concerned with how individuals‚ institutions‚ and society make optimal choices under conditions of scarcity.” Scarce economic resources
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Week 1 Knowledge Check Study Guide Concepts Mastery Sole proprietorships and general partnerships Corporations Questions 100% 1 2 3 100% 4 5 6 100% 7 8 9 100% 10 11 12 100% 13 14 15 100% 16 17 18 Limited partnerships and special partnerships Score: 18 / 18 Limited liability companies and limited liability partnerships Franchising‚ licensing‚ and joint ventures Alternative forms of dispute resolution Concept: Sole proprietorships and general partnerships Mastery 100%
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Knowledge Check Week 4 Concepts Mastery Score: 10/10 Questions Stages in the Business Cycle 100% 1 Level of Economic Growth 100% 4 Level of Unemployment 100% Inflation 100% 2 3 5 6 7 9 10 8 Concept: Stages in the Business Cycle Concepts Mastery Stages in the Business Cycle Questions 100% 1 2 3 1. Business cycles occur when output A. falls below its potential B. rises above its potential C. is fixed at
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Week 2 Knowledge Check Study Guide Concepts Mastery Score: 24 / 24 Questions The medical model 100% 1 2 3 The public health model 100% 4 5 6 The human service model 100% 7 8 9 100% 10 11 12 100% 13 14 15 100% 16 17 18 100% 19 20 21 Motivations for choosing a helping profession Values and characteristics of effective professional helpers Types of human service professionals Types of human service roles Roles of mental health counselors in human 100% 22 23 24
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BUS 475 Week 2 Knowledge Check 1. Compared with other approaches to business‚ the marketing concept is distinct in that it A. focuses on sales B. produces new products and services C. creates a broad assortment of products D. focuses on satisfying customers’ needs 2.A company provides its advertising agency with a statement about a new product to use in designing an advertising campaign‚ and this statement includes a description of the target market‚ the product type‚ the primary benefits
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Week 5 Knowledge Check Study Guide Concepts Mastery Questions Family systems theory 67% 1 2 3 Social systems theory 100% 4 5 6 100% 7 8 9 100% 10 Structural components of social systems The community system life cycle Score: 11 / 12 11 12 Concept: Family systems theory Mastery 1. 67% Questions 1 2 3 Annie lives with her mother‚ Pamela‚ who is a conservative woman. At 16‚ Annie is moving toward parental independence and strongly resents the rules set forth by her mother
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Week 2 Knowledge Check Study Guide Concepts Mastery Questions Intentional torts 100% 1 2 3 Negligence 100% 4 5 6 67% 7 8 9 100% 10 Product liability and strict liability Defenses to product liability Score: 11 / 12 11 12 Concept: Intentional torts Mastery 100% Questions 1. Identify the true statement about intentional torts. 1 2 3 A. A person can be sued for assault even if there was no actual physical contact. B. A person can be sued for threatening future harm. C
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Suppose your bank honors a check for which you don’t have sufficient funds in your checking account. This action means that you’ve arranged beforehand for a/an A. installment loan. B. personal loan. C. overdraft loan. D. mortgage loan. www.InstantAnswerPlace.com DIRECT LINK TO THIS STUDY GUIDE: http://www.instantanswerplace.com/suppose-bank-honors-check-dont-sufficient-funds-checking-account-action-means-youve-arranged-beforehand-aan-installment-loan-b-personal-loan-c/ Instantly Download! Get Better
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Week 2 Knowledge Check Concepts Mastery MARGINAL REVENUE Questions 100% 1 67% 2 3 4 100% 5 6 7 0% 8 SUPPLY AND DEMAND MARGINAL PRODUCTIVITY Score: 6/8 COST OF PRODUCTION Concept: MARGINAL REVENUE Concepts Mastery MARGINAL REVENUE 100% Questions 1 1. A perfectly competitive firm will be profitable if price at the profitmaximizing quantity is above A. MC B. ACV C. ATC D. AFC Correct! The correct answer is: C
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Week 2 Knowledge Check Study Guide Concepts Mastery The stages of decision making 100% 1 2 3 100% 4 5 6 100% 7 8 9 Organizational decision making Questions Rhetorical devices I‚ rhetorical devices II‚ rhetorical devices III‚ rhetorical devices IV‚ and proof surrogates and repetition Fallacies that involve appeals to emotion‚ some 100% Score: 15 / 15 non-emotion-based 10 11 12 13 14 15 fallacies‚ and two wrongs make a right The ad hominem fallacy‚ the genetic fallacy‚ straw
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