BUS 100 Final Exam with Verified
Answers
learning - ✔✔active process of making changes in our mind represent. breaking and making
brain connections
cognitive - ✔✔our habits of mental function
empirical - ✔✔based on observation and experience
visual - ✔✔learn by sight
auditory - ✔✔learn by hearing
kinesthetic - ✔✔learn by touch
wikis - ✔✔limited auditory and visual cues
smart goals - ✔✔specific, measurable, attainable, relevant, trackable
communication - ✔✔the act of transmitting information
communication barrier - ✔✔obstacles to effective communication
noise - ✔✔any interference to cause message to be misunderstood
, verbal, voice, body - ✔✔7%, 38%, 55%
economics - ✔✔study of choices people, companies, and government use resources
optimal - ✔✔marginal cost equals marginal benifit
demand curve - ✔✔good buyers wish to purchase
law of demand - ✔✔quantity of goods demanded by consumers varies with prices
supply - ✔✔good producers wish to sell
law of supply - ✔✔quantity of goods supplied by producers varies positively with its price
surplus - ✔✔qs>qd
shortage - ✔✔qs<qd
macroeconomics - ✔✔overall economic dynamics, employment rate, gdp, taxation policies
high growth - ✔✔7%-10%
slow growth - ✔✔2%
microeconomics - ✔✔the study of smaller economic units such as small bus., families and
individual customers
Answers
learning - ✔✔active process of making changes in our mind represent. breaking and making
brain connections
cognitive - ✔✔our habits of mental function
empirical - ✔✔based on observation and experience
visual - ✔✔learn by sight
auditory - ✔✔learn by hearing
kinesthetic - ✔✔learn by touch
wikis - ✔✔limited auditory and visual cues
smart goals - ✔✔specific, measurable, attainable, relevant, trackable
communication - ✔✔the act of transmitting information
communication barrier - ✔✔obstacles to effective communication
noise - ✔✔any interference to cause message to be misunderstood
, verbal, voice, body - ✔✔7%, 38%, 55%
economics - ✔✔study of choices people, companies, and government use resources
optimal - ✔✔marginal cost equals marginal benifit
demand curve - ✔✔good buyers wish to purchase
law of demand - ✔✔quantity of goods demanded by consumers varies with prices
supply - ✔✔good producers wish to sell
law of supply - ✔✔quantity of goods supplied by producers varies positively with its price
surplus - ✔✔qs>qd
shortage - ✔✔qs<qd
macroeconomics - ✔✔overall economic dynamics, employment rate, gdp, taxation policies
high growth - ✔✔7%-10%
slow growth - ✔✔2%
microeconomics - ✔✔the study of smaller economic units such as small bus., families and
individual customers
