問題一覧
1
Is a tool used extendedly by decision makers in business organizations universally by applying relevant and appropriate economic principle theories and practices
managerial economics
2
Give the two key players in an economy
households, firms/business sector
3
Is a quantity of foods and services that a customer is willing and capable of buying at a given different price
demand
4
Refers to a market situation with a relatively large number of sellers offering similar but not identical products
monopolistic competition
5
the impact of inflation from your meager regular savings out of your allowance may not be adverse but such savings increases your _______that may answer your unexpected ________such power
potential purchasing power, need to use
6
Participation in student organizations gives one a wide exposure and practical trainings to be a _______
leader
7
What is the root of unemployment, underemployment, and disguise employment
lazy
8
In your present roles as student leaders or members, ________ever neglect all your _______obligations. That is to ______and ______most importantly than other extra curricular activities
do not, academic, study, learn
9
Give forms of business organizations
sole proprietorship, partnership, cooperative, corporation
10
_______is the end goal of a business
profit
11
The cause we forgo to getting something else
opportunity cost
12
Market structures where the company is aligned
pure competition, monopolistic competition, oligopoly, monopoly
13
The condition where wants and needs of people are not satisfied because of limited resources
scarcity
14
The cause of which you get is the value of which sacrifice to obtain it
opportunity cost
15
Is a temporary condition where the demand on a certain commodity or service cannot be met by the current supply
shortage
16
States that as price increases quantity supplied will also increase ceteris paribus
law of supply
17
4 factors of production
land gets rent, labor gets salary, capital gets interest, entrepreneurship gets profit
18
In the basic circular flow, households are the ______
consumers
19
Goods that can replace another commodity in its absence
substitute goods
20
Limited resources _________, unlimited resources________
needs, wants
21
Result of supply being greater than demand
surplus
22
The purchasing power continue to weaken till substandard ________may cost the collapse of marriage resulting to broken family
deficit living
23
4M's
man, money, material, minute
24
States that as price increases quantity demand will decrease ceteris paribus
law of demand
25
Clear understanding of the fundamentals of _____ and ____ is of paramount importance in managerial economics
demand, supply
26
Economies refer to only one market structure when they talk about agricultural product
perfect competition
27
Strong economic factor for a democratic country
labor
28
Skilled and many professional Filipinos have been leaving the country for greener pasture so to speak or simply higher salary.
brain drain
29
The giant players in the private sectors are unstoppably becoming bigger and bigger but the increasing size of their operations is _________the number of people employed.
not proportionate to
30
Focuses on how decisions are made by individuals and firms and the consequences of those decisions it is often focused on how a certain firm or individual can utilize its resources in an efficient manner
microeconomics
31
The family's_______ comes from salaries from the father and/or mother plus maybe from older brother and sister and other sources of income like small business.
cash inflow
32
To be a student leader at the same time_____academically is a great achievement
excel
33
Give one example of managerial economics
law of supply and demand
34
the purchasing power continue to weaken till substandard _________may cost the collapse of the marriage resulting to broken family because of _________ of family affairs as also to_______ causing bankruptcy of a business organization.
deficit living, mismanagement, profit drain
35
Common areas in management
human resources management, financial management, materials management, time management
36
Managerial Economics in its use of Economic theories and principles etc. that are of universal application to enhance business operations towards increase of profit of business firms.. likewise capitalizes on various _______like ______ and ________(say PESO) as indicators for guidance in _______.
economic issues, inflation, purchasing power of money, major decision making
37
The volumes of their _____ are secured in some forms like time deposits, shares of stocks and other investment portfolios to ______ or defeat ______ and weakening of the company's __________
cash, counter, inflation, purchasing power
38
Examines the aggregate behavior of the economy which includes the actions taken by all individuals and firms to produce a particular level of economic performance as a whole
macroeconomics
39
Exist when there are a few large firms producing a homogeneous or differentiated product that are dominated or much needed by the market this structure is characterized by very few players usually dominated by many firms
oligopoly
40
Goods and services that sellers are willing and able to sell at a given different price
supply
41
big firms in their financial planning manage their _______ in a considerable amount just to take care of their ________ in anticipation of their ________to answer just for their fix and variable costs according to their .. say weekly or monthly operations
liquidity, cash outflow, cash inflow
42
Can be attained by getting the desired outcome
effectiveness
43
Economics is about __________to the fullest in this very materialistic world where there is no other choice
living life
44
Another economic issue or problem of the Philippine economy
labor force and employment
45
The primary consideration of the decision maker in producing a good or service is ______
market
46
Global economic issues (give 6)
inflation, deflation, unemployment, underemployment, disguise employment, weak purchasing power
47
A model or diagram represents the player in an economy which are households and firms
basic circular flow
48
In basic circular flow, the firms or business sectors are usually the _____
producers
49
Attaining maximum output with the least possible input
efficiency
50
An individual's pleasure happiness or satisfaction these are the things where we have allocated our time money energy and other resources to maximize our well-being
utility