This quiz works best with JavaScript enabled. Home > Economics > Incentives > General > Incentives – Quiz 4 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Incentives Quiz 4 (30 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. A joint Management committee is an example of employees' participation, one of the . A) Non financial incentives. B) Financial incentives. C) None of the above. D) All of the above. Show Answer Correct Answer: A) Non financial incentives. 2. Off a pair of $ 54.00 sunglasses. What is the sale price? A) $ 40.50. B) $ 67.50. C) $ 37.50. D) $ 13.50. Show Answer Correct Answer: A) $ 40.50. 3. The price of an mp3 player is $ 149.99. The mp3 player was on sale for 20% off. Matt bought the mp3 player at the sale price and also had a rebate of $ 50. How much did Matt pay for the mp3 player? A) $ 69.99. B) $ 79.99. C) $ 99.99. D) $ 119.99. Show Answer Correct Answer: A) $ 69.99. 4. ..... is an example of career advancement opportunity. A) Transfer. B) Promotion. C) Retirement benefits. D) All of the above. Show Answer Correct Answer: B) Promotion. 5. Why did the explorers take part in exploration? A) People went for a spirit of adventure and wealth. B) People went as prisoners who worked on the boats. C) People wanted to become government officials. D) People were forced to sail as slaves. Show Answer Correct Answer: A) People went for a spirit of adventure and wealth. 6. A profit that motivates people to behave in a certainwaya. marketb. profitc. competitiond. price incentive A) D. B) B. C) A. D) C. Show Answer Correct Answer: A) D. 7. Capital does not include which of the following examples? A) Transportation. B) Money. C) Equipment. D) Tools. Show Answer Correct Answer: B) Money. 8. Which of the following statements are TRUE? A) Wealthy people do not face scarcity. B) Expensive cars are not considered as scarce. C) Scarcity only exists in lesser developed countries. D) Scarcity requires people to make choices. Show Answer Correct Answer: D) Scarcity requires people to make choices. 9. Vince's gross monthly pay is $ 2, 150. Vince pays 6% of his monthly salary for Social Security. How much does he pay each month? A) $ 129.00. B) $ 100.00. C) $ 65.00. D) $ 1.29. Show Answer Correct Answer: A) $ 129.00. 10. The pizza store is having a 30 % off sale on all of its pizzas. If the pizza you want regularly costs $ 14, how much would you save with the discount? A) $ 9.80. B) $ 4.00. C) $ 18.20. D) $ 4.20. Show Answer Correct Answer: D) $ 4.20. 11. What is the price of an $ 80 duvet after a 15% off promotion is applied? A) $ 12.00. B) $ 79.85. C) $ 68.00. D) $ 65.00. Show Answer Correct Answer: C) $ 68.00. 12. Financial incentives refer to incentives which are in direct monetary form or measurable in monetary term and serve to ..... people for better performance. A) Demotivate. B) Link. C) Help. D) Motivate. Show Answer Correct Answer: D) Motivate. 13. "The additional satisfaction or usefulness obtained from acquiring one more unit of a product or service." A) Diminishing Marginal Utility. B) Marginal Utility. C) Extrinsic Incentive. D) Intrinsic Incentive. Show Answer Correct Answer: B) Marginal Utility. 14. Rebate on a $ 749.95 gas range. What is the discounted price? A) $ 698.27. B) $ 22498.50. C) $ 524.96. D) $ 567.89. Show Answer Correct Answer: C) $ 524.96. 15. Even when times are tough for Caitlin's business venture, she tends to remain positive-she looks at the glass as half full rather than half empty. What characteristic of entrepreneurship is Caitlin exhibiting? A) Innovation. B) Organization. C) Optimism. D) Determination. Show Answer Correct Answer: C) Optimism. 16. What is the final price if you have a $ 40 coupon for a $ 239.99 watch? A) $ 95.60. B) $ 199.99. C) $ 104.39. D) $ 279.99. Show Answer Correct Answer: B) $ 199.99. 17. What does the "P" in the PACED Decision-Making Process stand for? A) Make a plan. B) Identify the problem. C) Implement the program. D) Identify the procedures. Show Answer Correct Answer: B) Identify the problem. 18. A sum of money deposited into an account that is expected to provide some future benefit, usually involving some level of risk A) Investments. B) Mixed Expense. C) Billy Bob Jenkin's Car. D) Income. Show Answer Correct Answer: A) Investments. 19. Ronny bought a new pair of sunglasses that are regularly priced at $ 22.99. The store discounted the sunglasses by $ 5. How much did he pay for the sunglasses after the discount? A) $ 16.99. B) $ 17.90. C) $ 16.90. D) $ 17.99. Show Answer Correct Answer: D) $ 17.99. 20. Money received for work or through investments A) Income. B) Red Rooster. C) Jake th Peg's Extra Leg. D) Expenses. Show Answer Correct Answer: A) Income. 21. Financial incentives are? A) Participation profit. B) Additional bonus. C) Insurance. D) All of the above. Show Answer Correct Answer: D) All of the above. 22. ..... network of institutions, markets, and contracts that bring lenders and borrowers together A) Financial system. B) Banks. C) Private Enterprise. D) None of above. Show Answer Correct Answer: A) Financial system. 23. Which was an immediate result of the European Age of Exploration? A) European influence spread to the Western Hemisphere. B) The population of Native Americans increased. C) Christianity became the religion of West Africa. D) European nations began a policy of isolationism. Show Answer Correct Answer: A) European influence spread to the Western Hemisphere. 24. ..... study of how people (including companies/countries) make choices on buying, selling, using, and distributing goods/services. A) Economics. B) Consumer Science. C) Opportunity Costs. D) None of above. Show Answer Correct Answer: A) Economics. 25. Sam bought an $ 85.00 jacket for 40% off of the regular price. How much did he pay for the jacket? A) 75. B) Isaiah. C) 51. D) 36. Show Answer Correct Answer: C) 51. 26. Kicker & Super Kicker to be paid basis meeting QPA with minima of ..... protection contribution. A) 15%. B) 18%. C) 12%. D) 20%. Show Answer Correct Answer: A) 15%. 27. The regular cost of a banana split is $ 4.89. Jose has a coupon for 1/3 off the regular price. How much would the banana split cost if he used the coupon? A) $ 3.26. B) $ 1.62. C) $ 1.00. D) $ 32.60. Show Answer Correct Answer: A) $ 3.26. 28. The night before my big test, I should ..... A) Eat lots of junk food. B) Stay up extra late. C) Argue with my sister. D) Go to bed early. Show Answer Correct Answer: D) Go to bed early. 29. What is the final price if you have a clearance sale of 70% off a $ 229.99 bedding set? A) $ 160.99. B) $ 159.99. C) $ 70.00. D) $ 69.00. Show Answer Correct Answer: D) $ 69.00. 30. Scarcity forces people to ..... A) Make Choices. B) Satisfy all their wants and needs. C) Give up opportunity cost. D) None of above. Show Answer Correct Answer: A) Make Choices. ← PreviousNext →Related QuizzesIncentives QuizzesEconomics QuizzesIncentives Quiz 1Incentives Quiz 2Incentives Quiz 3Incentives Quiz 5Incentives Quiz 6Incentives Quiz 7 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books