What does production refer to in microeconomics?

Microeconomics Quiz

Quiz
•
Financial Education
•
12th Grade
•
Medium
Emily Portillo-Sorto
Used 1+ times
FREE Resource
8 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The number of employees in a firm
The number of units a firm outputs over a given period of time
The profit a firm makes in a financial year
The total investment made by a firm
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does production time in manufacturing refer to?
The amount of time it takes to sell one unit of a product
The number of goods that can be produced in a given period of time
The number of hours the manufacturing facility is open
The time it takes to design a product
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following could be another definition of production time?
The time it takes to transport a product to the market
The amount of time it takes to manufacture one unit of a product
The duration of the product's life cycle
The time spent in marketing a product
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an investment time horizon?
The specific date an investment matures
The period of time one expects to hold an investment until they need the money back
The amount of money one invests in a particular asset
The rate of return one expects from an investment
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What largely dictates time horizons in investments?
Economic conditions
Investment goals and strategies
The stock market performance
Interest rates
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the result of an increase in capital per hour according to the text?
Decrease in labor productivity
Increase in labor productivity
No change in labor productivity
Decrease in the number of vehicles produced
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the role of a financial intermediary?
To provide legal advice to companies
To act as a middleman between two parties to facilitate a financial transaction
To offer insurance services to individuals
To regulate the stock market
8.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is commonly referred to as a financial intermediary?
Technology companies
Educational institutions
Commercial banks
Non-profit organizations
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