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Economics
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  • 問題数 50 • 10/9/2024

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    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