Business and Economics Study guides, Class notes & Summaries

Pearson Edexcel A-level Economics A Theme 3 Business behaviour and the labour market This Answers document provides suggestions for some of the possible answers that might be given for the questions asked in the workbook. They are not exhaustive and other answers may be acceptable, but they are intended as a guide to give teachers and students feedback. The student responses (green text) for the longer essay-style questions are intended to give some idea about how the exam questions might...

CHAPTER 2 A FURTHER LOOK AT FINANCIAL STATEMENTS SUMMARY OF QUESTIONS BY LEARNING OBJECTIVE AND BLOOM’S TAXONOMY Item LO BT Item LO BT Item LO BT Item LO BT Item LO BT True-False Statements 1. 1 K 12. 3 C 23. 5 K 34. 7 K 45. 7 K 2. 1 K 13. 3 C 24. 5 K 35. 7 C 46. 7 K 3. 1 K 14. 3 K 25. 5 C 36. 7 K 47. 7 K 4. 1 K 15. 4 K 26. 6 K 37. 7 K 48. 7 K 5. 1 C 16. 4 C 27. 6 K 38. 7 C 49. 7 K 6. 1 K 17. 4 K 28. 6 K 39. 7 K 50. 7 K 7. 1 C 18. 4 K 29. 7 K 40. 7 K 51. 7 K 8. 2 K 19. 4 K 30. 7 ...

Pearson Edexcel A-level Economics A Theme 3 Business behaviour and the labour market This Answers document provides suggestions for some of the possible answers that might be given for the questions asked in the workbook. They are not exhaustive and other answers may be acceptable, but they are intended as a guide to give teachers and students feedback. The student responses (green text) for the longer essay-style questions are intended to give some idea about how the exam questions might...

Pearson Edexcel Level 3 GCE Economics A Advanced PAPER 1 Markets and Business Behaviour June 2023

Notes for the London School of Economics course 'Management and Innovation of E-Business (IS3167)'. These notes span chapters 2 to 8 and are derived from official course sources such as the course textbook, subject guide, and lecture materials, ensuring you have a thorough understanding of the subject matter. Aesthetically pleasing, with a colourful and well-organised format that makes studying enjoyable and efficient. (Headings, subheadings, and important terms are highlig...

Chapter 4—Price: The Role of Demand and Supply MULTIPLE CHOICE 1. 2. 3. 4. 5. 6. For demand to exist, there must be a. a desire and an ability to buy. b. a supply of the product in the market. c. a price that is low enough to permit all consumers to afford the product. d. All of these. ANS: A PTS: 1 DIF: Easy NAT: TOP: B-Head: Law of Demand KEY: Bloom's: Knowledge The demand for a product at a given time is defined as the a. desire for it. b. sum spent on it. c. measure of to...

Part One: Chapter One: The Nature of Morality Multiple Choice (24) 1. Ethics addresses the question of a. whether God exists b. what we know c. how we should live d. what we are 2. Ethics does not investigate questions of a. duty and obligation b. mind and body c. fairness and unfairness d. good and bad 3. Business ethics is the study of what constitutes good and bad human conduct in a a. business setting b. academic setting c. heavenly setting d. utopian setting 4. Who discussed whe...

Chapter 3—Economic Decision Makers MULTIPLE CHOICE 1. Which of the four types of economic decision makers is most important? a. firms, because they produce all goods and services in the economy b. households, because they demand goods and services and supply resources c. government, because it ultimately sets and enforces the "rules of the game" d. government, because it steps in when there is market failure e. the rest of the world, because there are over 150 countries ANS: B PTS: 1...

IGCSE 0455 ECONOMICS NOTES (All information is based on the IGCSE Economics 0455 book) Chapter 1 1.1 Need ⇒ goods or services necessary for survival Want ⇒ goods or services NOT necessary for survival Finite resources ⇒ resources that will eventually run out Renewable resources ⇒ resources that can be replaced as they are used to produce goods or services The economic problem ⇒ limited resources and unlimited wants which leads to a problem called scarcity Scarcity ⇒ an ec...