Question 231 out of 1 points is the market situation

 Question 23
1 out of 1 points
__________ is the market situation in which there are many sellers in a market and no
seller is large enough to dictate the price of a product.
Selected
Answer:
Perfect competition
Answers: Oligopoly
Monopolistic
competition
Perfect competition
Microeconomic
competition
 Question 24
1 out of 1 points

Jack is thinking about preparing a durable power of attorney. This indicates that he
wants to:
 Question 25
1 out of 1 points
A(n) _________ guarantees that the product you buy will conform to the customary
standards of the trade/industry.
 Question 26
1 out of 1 points
A patent gives inventors exclusive rights to their inventions for:

 Question 27
1 out of 1 points
The best way to save money is to:
Selected
Answer:
pay yourself first by taking out money for savings from each paycheck
before deciding what to do with the remaining money.
Answers:
pay yourself first by taking out money for savings from each paycheck
before deciding what to do with the remaining money.
start your own business designed to create business tax deductions.
prepare a balance sheet.
pay yourself last.
 Question 28
1 out of 1 points
__________ refer to those functions that an organization does as well as, or better than,
any other organization in the world.
 Question 29
1 out of 1 points
Geraldo works on the assembly line for a major automobile manufacturer. He was hired
for the job without any specific training or skill. Geraldo joined a union with other
assembly-line workers who perform a variety of jobs that do not require a highly
specialized skill. Geraldo belongs to a(n):