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Free Exam: Unit 2/3 - MC

Number of Questions in Test: 15
Number of Questions in Preview: 5
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Question 1
Most businesses exist to...
Type: Multiple choice
Points: 1
Randomize answers: Yes
Question 2
COGS stands for...
Type: Multiple choice
Points: 1
Randomize answers: No
Question 3
If a company wants to increase its profit it can...
Type: Multiple choice
Points: 1
Randomize answers: No
Question 4
Profit =
Type: Multiple choice
Points: 1
Randomize answers: No
Question 5
When a [i]monopoly[/i] occurs the prices of its products/services will...
Type: Multiple choice
Points: 1
Randomize answers: Yes
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