Econ 102 (ECON 102)

ECON 102 CH5 DECISION MAKING, LEARNING, CREATIVITY, AND ENTREPRENEURSHIP Multiple Choice Questions ( ch5) 31. The process by which managers respond to opportunities and threats facing their organization by analyzing options and taking actions is known as: A) brainstorming B) intuition C) decision making D) bounded rationality E) heuristics Answer: C Page: 219 Difficulty: Easy Learning Objective: 1 32. Managers make decisions when they are involved in which managerial function? A) Plann...

ECON 102 sample of tested exam questions with answers new solution docs 2020 Question 1 of 10 10.0/ 10.0 Points Economics is best defined as the study of A. financial decision-making B. how consumers make purchasing decisions. C. choices made by people faced with scarcity. D. inflation, unemployment, and economic growth Question 2 of 10 10.0/ 10.0 Points Macroeconomics differs from microeconomics in that A. macroeconomics is the study...

ECON 102 Quiz 1 test solution questions and answers solved solutions

Midterm Exam 1tested questions and answers solution docs 2020 Question 1 3 / 3 pts When an economist talks about scarcity, he or she is referring to IncorrectQuestion 2 0 / 3 pts Which of the following is a positive statement? Question 3 3 / 3 pts A statement of economic theory that abstracts from the nuances of reality is IncorrectQuestion 4 0 / 3 pts You can either go to a movie, go to a concert, or go out to eat tonight. You decide that your first choice is goi...

ECON 102 Final All Quizzes and Homework 1-8 new revision exam line up questions with answers