Economics ch 7-12
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
|
|
||||
|---|---|---|---|---|---|
| Define Firm | show 🗑
|
||||
| show |
🗑
|
||||
| In what three ways are firms organized? | show 🗑
|
||||
| What are corporate owners called? | show 🗑
|
||||
| Who do the stockholders vote for? | show 🗑
|
||||
| Who do the board of directors appoint to manage the corporation along the guidelines set by the charter of incorporation and the directors? | show 🗑
|
||||
| show | relative ease of acquiring financial assets
🗑
|
||||
| How does a corporation borrow funds? | show 🗑
|
||||
| show | means that the stockholders of a corporation cannot be sued
🗑
|
||||
| show | the ease of transferring ownership
🗑
|
||||
| show | double taxation
🗑
|
||||
| What advantage does a hybrid type of corporation share with a corporation? | show 🗑
|
||||
| Define non-profit organizations | show 🗑
|
||||
| Define residual claimant | show 🗑
|
||||
| show | Non-profit organizations do not have a residual claimant.
🗑
|
||||
| show | True
🗑
|
||||
| Define Technical efficiency | show 🗑
|
||||
| Define Market System | show 🗑
|
||||
| Define least-cost method | show 🗑
|
||||
| show | it is one of the major problems facing the planned economics of Eastern and Central Europe as they try to make the transition to market economies.
🗑
|
||||
| show | a description of the amounts of output expected from various combination of inputs
🗑
|
||||
| A production function is usually described in the form of a table or graph, but it can also be shown by a mathematical formula. T or F? | show 🗑
|
||||
| Define Fixed Inputs | show 🗑
|
||||
| show | the productive resources that can be increased or decreased in the short run.
🗑
|
||||
| Define Short Run | show 🗑
|
||||
| Define Long Run | show 🗑
|
||||
| show | as more and more units of a variable input are added to a set of fixed inputs, the resulting additions to output will eventually become smaller
🗑
|
||||
| Define Marginal Product | show 🗑
|
||||
| Define total product | show 🗑
|
||||
| Define Average Product | show 🗑
|
Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Created by:
ashmash70
Popular Business sets