A. They will aim to leave the industry
B. Other firms will join the industry
C. The revenue equal total costs
D. No profit is made is accounting terms
Miscellaneous Economics Mcqs
The synthesis of the elitist and pluralist approaches realist democracy assumes that_____________?
A. voters do have a choice in elite competition
B. the elites have a consensus on basic democracy
C. new groups can become the new elite
D. all of the above
Males are conceived with which of the following chromosome configurations ?
A. XY
B. XX
C. XXX
D. YYY
Poverty is related to_______________?
A. technological changes only
B. lack of work ethic
C. patterns of prejudice and technological change
D. discrimination only
Today most workers in the United States are employed in the_________________?
A. primary sector
B. secondary sector
C. tertiary sector
D. quaternary sector
Stratification occurs societies that have a____________?
A. surplus
B. shortage of everything
C. equality
D. capitalistic system
Drug addiction has been characterized as a victimless crime meaning ?
A. drug addiction is a sustainable life style
B. drug users are not responsible for their actions
C. addicts choose to be addicted and hurt no one but themselves
D. society does care what happens to addicts
The following people enjoy both status and wealth in our society______________?
A. professors
B. physicians
C. ministers
D. research scientists
The transition from a charismatic religious leaders direct example to routine procedures and observances is called______________?
A. differentiation
B. denomination
C. institutionalization
D. bureaucratization
Which is NOT a form of collective behavior ?
A. Fashions
B. Rumors
C. Dining out with a friend
D. Panic