Free Exam: Unit 2/3 - T/F
Number of Questions in Test: 15
Number of Questions in Preview: 5
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Register nowQuestion 1
A Free Rider takes something without paying the full cost.
| Type: | True/False |
| Points: | 1 |
Question 2
Discretionary income is usually spent on food, clothing, and shelter.
| Type: | True/False |
| Points: | 1 |
Question 3
Fixed costs only change when a business sells a lot of a good or service.
| Type: | True/False |
| Points: | 1 |
Question 4
Adidas and Nike are indirect competitors.
| Type: | True/False |
| Points: | 1 |
Question 5
[i]Demographics[/i] are used to put consumers into groups based on 5 different factors.
| Type: | True/False |
| Points: | 1 |