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POB Unit 5

Quiz by Jeanette Clark

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4 questions
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  • Q1
    Which occurs when the supply of individuals who are able and willing to work diminishes?
    Human resources become limited.
    Human resources become unlimited.
    Capital goods become limited.
    Capital goods become unlimited.
    30s
  • Q2
    Which is an example of ethical business behavior?
    testing products to ensure they are safe to use
    using advertisements to confuse customers
    accepting a bribe from a prominent customer
    disclosing partial information about products
    30s
  • Q3
    When prices increase, producers usually:
    increase demand.
    decrease profits.
    increase supply.
    decrease demand.
    30s
  • Q4
    Which affects the business environment because it provides the most options for consumers?
    monopoly
    command economy
    international sanctions
    global competition
    30s

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