(30 points and brainliset if you answer all of th questions)

countries and individuals both have consequences for decisions they make.
which term refers to the next best choice given up when another decision is made?

a)
opportunity cost

b)
risk analysis

c)
scarcity

d)
revenue

2)
which of these best describes the idea of “brand loyalty”?

a)
the desire to buy products simply because they are new

b)
the excitement of owning a product that is very hard to find

c)
the idea that a person can become happy by buying new products

d)
the desire to keep buying a certain product from a certain company

3)
a book is offered at a price of $5. what might happen if the price drops to $4?

a)
the book might have more pages.

b)
fewer stores might sell the book.

c)
more people might be able to buy the book.

d)
the price might rise as fewer people buy the book.

4)

what is the man in this picture doing to attract customers to his business?

a)
demonstrating how his products work

b)
displaying advertising in a busy place

c)
creating a budget constraint for buyers

d)
comparing his products to other products

5)
a person who has had training with the latest computer technology would be most likely to seek which job?

a)
factory owner

b)
website designer

c)
automobile dealer

d)
landscaping worker

6)
how do most people make their primary income?

a)
earning wages from work

b)
getting loans from banks

c)
accepting gifts from family members

d)
receiving assistance from government

7)

in 1978, bernie marcus and arthur blank were fired from their jobs. they both decided to combine their resources and open a new kind of home improvement store, "the home depot," in 1979. over time, it has become one of the most successful businesses of its kind in the united states. marcus and blank now give away millions of dollars to charities and non-profit organizations in their community.

which statement best describes marcus' and blank's role as entrepreneurs?

a)
they were fired form their jobs in 1978.

b)
they decided to start "home depot" in 1979.

c)
"home depot" is a successful business.

d)
marcus and blank give away millions of dollars.

8)
why do most entrepreneurs take the risk to start a business?

a)
for the chance to go into debt

b)
for the chance of making a profit

c)
for the chance to go into bankruptcy

d)
for the chance to be the boss of people

9)
what is meant by the term debt?

a)
a type of business organization

b)
a type of card used in economic transactions

c)
the amount of money owed by one party to a second party

d)
the amount of money paid by one party for borrowing money from a second party

10)
what might all people be able to do to best manage their money?

a)
get a high-paying job

b)
create a personal budget

c)
avoid paying their bills

d)
put money in a savings account