
BUSN480 Lead Day Game
Quiz
•
Business
•
University
•
Hard
Peyton Blanco
Used 2+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main way in which Entrepreneurship and Economics relate to each other?
Scarcity
Money
Risk
Idea generation
2.
FILL IN THE BLANK QUESTION
45 sec • 1 pt
Competitive pressures and profit motive incentives incentivize ____________ to capture unmet demand.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Market structure that has many sellers, differentiated products, and relative ease of entry.
Pure Competition
Monopolistic Competition
Oligopoly
Monopoly
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Game Theory assumes that all players are:
Rational
Entrepreneurs
Risk-heavy
Ethical
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the Scrub Daddy founder's name?
James
Aaron
Eric
Mark
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Using only four cuts, what is maximum amount of slices we can cut out of the pie?
4
11
16
Infinity
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much was the Scrub Daddy founder asking for in his Shark Tank pitch?
1 million
500,000
150,000
100,000
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