商学概论 - 第8页

Economics is the study of how scarce resources are used to produce outputs—goods and services—for distribution among people.

Economics is the study of how scarce resources are used to produce outputs—goods and services—for distribution among people. A.正确B.错误正确答案：正确

Previously communist economies, such as those of Eastern Europe, are becoming more mixed as they adopt capitalist characteristics and convert previously government-owned businesses to private ownership

Previously communist economies, such as those of Eastern Europe, are becoming more mixed as they adopt capitalist characteristics and convert previously government-owned businesses to private ownership A.正确B.错误正确答案：正确

Fiscal policy relies on the government’s powers of （）。

Fiscal policy relies on the government’s powers of （）。 A.investmentB.regulationC.taxationD.all of these正确答案：taxation

The ups and downs due to the expansion and contraction of the economy constitute the （）。

The ups and downs due to the expansion and contraction of the economy constitute the （）。 A.product life cycleB.monetary cycleC.business cycleD.fiscal cycle正确答案：business cycle

In marketing, supply and demand interact to create a(n)（）price—the price at which buyers are willing to purchase the amount that sellers are willing to sell.

In marketing, supply and demand interact to create a(n)（）price—the price at which buyers are willing to purchase the amount that sellers are willing to sell. A.equilibriumB.gross domesticC.optimalD.consumer正确答案：equilibrium

Businesses are more willing to sell a product when the price （）and less willing to sell it when prices （）。

Businesses are more willing to sell a product when the price （）and less willing to sell it when prices （）。 A.rises / riseB.rises / fallC.falls / riseD.falls / rise正确答案：rises / fall

When sellers supply more of the product than buyers are willing to purchase, a （）is created.

When sellers supply more of the product than buyers are willing to purchase, a （）is created. A.shortageB.supply and demand scheduleC.surplusD.demand正确答案：surplus

Because they operate in a(n)（）industry, a fare decrease at American Airlines will likely result in decreases at Continental, United, and other carriers.

Because they operate in a(n)（）industry, a fare decrease at American Airlines will likely result in decreases at Continental, United, and other carriers. A.socialisticB.monopolisticC.oligopolisticD.noncompetitive正确答案：oligopolistic

Economics is the study of how scarce resources are used to produce outputs—goods and services—for distribution among people.

Previously communist economies, such as those of Eastern Europe, are becoming more mixed as they adopt capitalist characteristics and convert previously government-owned businesses to private ownership

Fiscal policy relies on the government’s powers of （）。

The ups and downs due to the expansion and contraction of the economy constitute the （）。

In marketing, supply and demand interact to create a(n)（）price—the price at which buyers are willing to purchase the amount that sellers are willing to sell.

Businesses are more willing to sell a product when the price （）and less willing to sell it when prices （）。

When sellers supply more of the product than buyers are willing to purchase, a （）is created.

Because they operate in a(n)（）industry, a fare decrease at American Airlines will likely result in decreases at Continental, United, and other carriers.

Under （）competition, many sellers sell differentiated products that serve similar purposes.

Product differentiation can be achieved by （）。

The free market system was espoused by （）in his book The Wealth of Nations.

When government-owned businesses convert to private ownership, they go through a process called （）。