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MIDTERM_MICRO
51問 • 1年前
  • Claire Acuña
    • 通報

    問題一覧

  • 1

    are the expenses incurred when buying and selling a good

    Transaction cost

  • 2

    in legal terms an individual called?

    agent

  • 3

    involves knowledge about alternative ways

    technology

  • 4

    it comprises all lving and non living things

    natural environment

  • 5

    it is a contract between a seller and buyer

    market exchange

  • 6

    it is an agreement between two individuals or agent

    contract

  • 7

    it is regarded as the optimal way to coordinate economic behavior

    competition

  • 8

    Practice of persuading

    coercion

  • 9

    Study of how ascarce resources are allocated

    Economics

  • 10

    Study of people

    Social Science

  • 11

    to distribute

    allocation

  • 12

    to supply or to provide

    provision

  • 13

    it refers to human made surroundings

    build environment

  • 14

    it refers the way in which cultures and societies provide or supply

    economic system

  • 15

    this exists to meet society's fundamental needs

    social institutions

  • 16

    this facilitates and contraints

    institutions

  • 17

    this implies the ability of one person or group o force anotherto make choice they would not prfer

    conscription

  • 18

    this implies voluntary agreements and a coordinated approach to the solution of the problem

    cooperation

  • 19

    this is where sellers do ot see themselves as rivals

    pure competition

  • 20

    this refers to the relationship between two or more ndividuals

    social interaction

  • 21

    he is the father of economics

    adam smith

  • 22

    we want to maintain/protect an idividuals???

    liberty

  • 23

    an economic system based on conventional forms

    traditional economies

  • 24

    an economic system where private ndividuals and group s hold economic power

    market economies

  • 25

    n economic system where rulers hold the power

    command economies

  • 26

    an economic system where aspects from traditional command and market economies are combined

    mixed economies

  • 27

    is the case where an individual focuses on the production of a specfic ood

    specialization

  • 28

    it is when roduction od a good is broken down into individual steps

    division of labor

  • 29

    adam smith published a book called///??

    wealth of the nation

  • 30

    he divided economic process into three categories

    john stuart mill

  • 31

    three categories of economic process

    production distibution consumption

  • 32

    it is the process of altering inputs

    production

  • 33

    sometimes called factors of poduction or resources

    inputs

  • 34

    inputs also called as ______

    factors of production or resources

  • 35

    was the last category of inputs

    entrepreneurial ability

  • 36

    describes the process of allocating the goods and services

    distribution

  • 37

    it involves an exchange of private property rights

    market exchange

  • 38

    it is a system of obligatory ift giving

    reciprocity

  • 39

    it is a redistributiom private property

    eminent domain

  • 40

    act of giving gift with nothing expected return

    philanthropy

  • 41

    it is a process of transferring private property rights from a dead person to an agent

    inheritance

  • 42

    by illegitimate force

    theft

  • 43

    it is the end purpose of economic process

    consumption

  • 44

    it is a knowledge about how resources individual and social organization can be used to accomplish objectives

    technology

  • 45

    rules that are often in the form of law

    explicit rules

  • 46

    rules that are not conciously created but still be misscomminicated

    implicit rules

  • 47

    it can be powerful anf acurate

    intuition

  • 48

    it has to be identified and defined

    the problem

  • 49

    t is measured n terms of profitability

    best solution

  • 50

    it is one that does not create another problem

    ideal solution

  • 51

    the final determinant in choosing the best solution

    availability of resources

    • 問題一覧

  • 1

    are the expenses incurred when buying and selling a good

    Transaction cost

  • 2

    in legal terms an individual called?

    agent

  • 3

    involves knowledge about alternative ways

    technology

  • 4

    it comprises all lving and non living things

    natural environment

  • 5

    it is a contract between a seller and buyer

    market exchange

  • 6

    it is an agreement between two individuals or agent

    contract

  • 7

    it is regarded as the optimal way to coordinate economic behavior

    competition

  • 8

    Practice of persuading

    coercion

  • 9

    Study of how ascarce resources are allocated

    Economics

  • 10

    Study of people

    Social Science

  • 11

    to distribute

    allocation

  • 12

    to supply or to provide

    provision

  • 13

    it refers to human made surroundings

    build environment

  • 14

    it refers the way in which cultures and societies provide or supply

    economic system

  • 15

    this exists to meet society's fundamental needs

    social institutions

  • 16

    this facilitates and contraints

    institutions

  • 17

    this implies the ability of one person or group o force anotherto make choice they would not prfer

    conscription

  • 18

    this implies voluntary agreements and a coordinated approach to the solution of the problem

    cooperation

  • 19

    this is where sellers do ot see themselves as rivals

    pure competition

  • 20

    this refers to the relationship between two or more ndividuals

    social interaction

  • 21

    he is the father of economics

    adam smith

  • 22

    we want to maintain/protect an idividuals???

    liberty

  • 23

    an economic system based on conventional forms

    traditional economies

  • 24

    an economic system where private ndividuals and group s hold economic power

    market economies

  • 25

    n economic system where rulers hold the power

    command economies

  • 26

    an economic system where aspects from traditional command and market economies are combined

    mixed economies

  • 27

    is the case where an individual focuses on the production of a specfic ood

    specialization

  • 28

    it is when roduction od a good is broken down into individual steps

    division of labor

  • 29

    adam smith published a book called///??

    wealth of the nation

  • 30

    he divided economic process into three categories

    john stuart mill

  • 31

    three categories of economic process

    production distibution consumption

  • 32

    it is the process of altering inputs

    production

  • 33

    sometimes called factors of poduction or resources

    inputs

  • 34

    inputs also called as ______

    factors of production or resources

  • 35

    was the last category of inputs

    entrepreneurial ability

  • 36

    describes the process of allocating the goods and services

    distribution

  • 37

    it involves an exchange of private property rights

    market exchange

  • 38

    it is a system of obligatory ift giving

    reciprocity

  • 39

    it is a redistributiom private property

    eminent domain

  • 40

    act of giving gift with nothing expected return

    philanthropy

  • 41

    it is a process of transferring private property rights from a dead person to an agent

    inheritance

  • 42

    by illegitimate force

    theft

  • 43

    it is the end purpose of economic process

    consumption

  • 44

    it is a knowledge about how resources individual and social organization can be used to accomplish objectives

    technology

  • 45

    rules that are often in the form of law

    explicit rules

  • 46

    rules that are not conciously created but still be misscomminicated

    implicit rules

  • 47

    it can be powerful anf acurate

    intuition

  • 48

    it has to be identified and defined

    the problem

  • 49

    t is measured n terms of profitability

    best solution

  • 50

    it is one that does not create another problem

    ideal solution

  • 51

    the final determinant in choosing the best solution

    availability of resources