Economics

The variation of which of the following variables produces a movement within the demand curve?

• rent

• price

• existence of related goods

• consumer preference

Demand is a relationship between ...

• Price and quantity

• Quantity and rent

• Salary and Quantity

In demand , at higher price...

• Less quantity is demanded and therefore is decreasing

• More quantity is demanded and therefore is decreasing

• Less quantity is demanded and therefore is growing

• More quantity is demanded and therefore is growing

If the expectation that the price of the good rises, the demand shifts...

• to the right

• to the left

• it doens´t shift

The point where supply and demand coincide is called:

• Stabilization point

• optimal point

• Equilibrium point

• Deadpoint

What is the financial gain made in transaccions?

• Profit

• Resource

• wage

• Scarcity

What are two goods that are bought and used together?

• Complementary goods

• Efficiency

• Market System

• Monopolistic competition

When a state agrees to lower a tax rate for one corporation so that the corporation builds a plant or factory in that state, it is an example of.....

• capitalism

• Monopolistic competition

• Incentive

• None of them

What is the study of economic behavior and decision makings of small units, such as individuals, families, and businesses called?

• Economics

• Microeconomics

• Economic Statistics

• Macroeconomics

Corporations are in business for ...

• Non-profit

• Loss

• Stockholders

• Profit