POBF 1.01

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Widgets Unlimited Company examined several options of additional benefits to offer its employees. The company has decided to offer health care insurance. Which part of the economic decision-making process has it performed?

An example of a value for a market economy is a:

Several banking institutions have moved to the Charlotte area to take advantage of the many graduates of the financial education programs. Which resource will the graduates provide for the institutions?

Which is an example of a company establishing supply?

1. Jane’s Steakhouse offers several dishes that include peanuts, corn, and beef. Which types of resources are included in the dishes?

Ted collects total population data and monetary value of producing products and services for several countries. This information would be useful for which measurement of economic activities?

Eddie decided he would use real butter for his baked goods. Which economic question does this address?

Which is an example of consumers establishing demand?