8. Which of the following states the law of supply and demand? (1 point) All things being equal, the higher the price of a good or service, the lower the demand will be for that good or
service
All things being equal, the lower the price of a good or service, the lower the demand will be for that good or
service.
All things being equal, a provider will be willing to supply more goods or services for a lower price if a lower
quantity is sold.
All things being equal, a provider will be willing to supply fewer goods or services for a lower price if a lower
quantity is sold.
9. Which of the following is the management and regulation of resources? (1 point) economy goods services tools
10. Which statement most accurately describes what can happen to jobs in a bad economy? (1 point) More jobs become available as goods and services become more expensive. More jobs become available as goods and services become less expensive. Fewer jobs become available as goods and services become more expensive. Fewer jobs become available as goods and services become less expensive.
11. Why should you plan your career? (1 point) to find out what careers were most helpful in the past to narrow down your options and find out what training you need to find out what other people will be doing for their careers to learn everything that might go wrong in the career you choose
12. Because her family encouraged her to pursue a career in physical therapy, Anna made plans to attend college to seek a degree. What is this an example of? (1 point) career plan expectation informational interview value
13. What are job responsibilities? (1 point) tasks that you complete day-to-day and over the long-term tasks that you volunteer to do tasks that you complete only over the long-term tasks that you complete only in one day
14. Which of the following describes a job shortage? (1 point) A job shortage occurs when there is a higher demand for labor than there is for jobs. A job shortage occurs when there is a higher demand for jobs than there is for labor. A job shortage occurs when there are more jobs than there are applicants. A job shortage happens when the economy has a lack of applicants for a job category.
15. Which of the following describes a job surplus? (1 point) A job surplus occurs when the demand for jobs is higher than the demand for labor. A job surplus occurs when the demand for labor is greater than the demand for jobs. A job surplus occurs when the number of job applicants forces a labor push economy. A job surplus occurs when the changes in prices and quantities of products change the job market.
16. Ed went to law school because both of his parents are lawyers. He never put much thought into his career options. What is this an example of? (1 point) career expectations college recruiters equal responsibilities gender roles
17. When defining your values, which of the following factors should you consider? (1 point) expectations of others gender roles purpose of jobs television portrayals
18. Which of the following are examples of lifelong learning? (2 points) lifestyle reading sacrifice salary 19. Which of the following publications are helpful when you are exploring different career options? Select all that apply. (3 points) The Occupational Outlook Handbook The Business Encyclopedia The Guide for Occupational Exploration The Occupational Outlook Quarterly
20. Long-term, day-to-day tasks that are assigned at work are called job (1 point) duties. responsibilities. chores. lists