This quiz works best with JavaScript enabled. Home > Incentives > General > Incentives – Quiz 9 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Incentives Quiz 9 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. ..... father of economics, wrote the wealth of nations, and believed in a concept known as the invisible hand. A) Adam Smith. B) David Ricardo. C) Thomas Malthus. D) None of above. Show Answer Correct Answer: A) Adam Smith. 2. What is a reward or penalty used to encourage people to behave in certain ways? A) Specialization. B) Consumer sovereignty. C) Incentive. D) Competition. Show Answer Correct Answer: C) Incentive. 3. Producers are A) People that make products/services. B) Entrepreneuers. C) Consumers. D) Tired people. Show Answer Correct Answer: A) People that make products/services. 4. What is ..... A voucher that provides a discount for the customer at the time of the purchase? A) Sale Price. B) Discount. C) Rebate. D) Coupon. Show Answer Correct Answer: D) Coupon. 5. What is the multiplier for Bronze Foundation Incentive A) 10%. B) 15%. C) 20%. D) 35%. Show Answer Correct Answer: B) 15%. 6. Successful entrepreneurs enjoy their work and often start their businesses so that they can share their interests and enthusiasm with others. In other words, successful entrepreneurs have ..... what they do. A) Reservations about. B) Concerns about. C) Apathy for. D) Passion for. Show Answer Correct Answer: D) Passion for. 7. What is the final price if you have a half-price coupon for a $ 44.40 dress? A) $ 22.40. B) $ 20.20. C) $ 22.00. D) $ 22.20. Show Answer Correct Answer: D) $ 22.20. 8. What is ..... The amount of money a manufacturer reimburses the customer after purchasing the item. A) Sale Price. B) Discount. C) Rebate. D) Coupon. Show Answer Correct Answer: C) Rebate. 9. If Itzel bought 9 pairs of socks at $ 6 per pair and qualified for the $ 10 off promotion, what was the final price of the socks, before sales tax? A) $ 60. B) $ 54. C) $ 50. D) $ 44. Show Answer Correct Answer: D) $ 44. 10. Marielle computed her taxable income last year as $ 47, 678. Over the year, she paid $ 7, 201 in federal withholding. Her tax bracket shows that she owes $ 6, 358. What is her refund? A) $ 843. B) $ 830. C) $ 855. D) $ 868. Show Answer Correct Answer: A) $ 843. 11. If I study for my scientific method quiz, then I will have a better test score. What is the dependent variable? A) Scientific Method. B) Studying. C) Independent variable. D) Test score. Show Answer Correct Answer: D) Test score. 12. A buy one get one free sale at a shoe store is an example of what economic concept? A) Incentive. B) Profit. C) Choice. D) Opportunity cost. Show Answer Correct Answer: A) Incentive. 13. Exclusive rights to symbols or designs. A) Trademark. B) Patent. C) Copyright. D) Exclusivity rights. Show Answer Correct Answer: A) Trademark. 14. Every consumer has a vote, your choices (where you spend and what you buy) drive A) People crazy. B) Behavior of consumers. C) Behavior of producers. D) Decision making process. Show Answer Correct Answer: C) Behavior of producers. 15. What makes a resource or good scarce? A) Must be limited in quanity. B) Must be desirable. C) Must have more than one use. D) All of these answers. Show Answer Correct Answer: D) All of these answers. 16. ..... not enough of something that people want A) Scarcity. B) Opportunity Cost. C) Tradeoff. D) None of above. Show Answer Correct Answer: A) Scarcity. 17. What valuable trade items encouraged European nations to search for a water route to Asia? A) Gold and silver. B) Bronze and copper. C) Iron and weaponry. D) Silk and spices. Show Answer Correct Answer: D) Silk and spices. 18. What is the percent off a $ 69.99 dinnerware set; discount = $ 28.00 A) $ 20.00. B) 20%. C) 50%. D) 40%. Show Answer Correct Answer: D) 40%. 19. Which of the following was the initial reason that European countries started exploration? A) To find trade routes with the Americas. B) To find water trade routes to Asia. C) To find water trade routes to Caribbean Islands. D) To find trade routes with Canada. Show Answer Correct Answer: B) To find water trade routes to Asia. 20. When is Bronze Pin awarded? A) After the first Bronze Foundation Inventive earning month. B) After achieving 12%. C) After achieving 15%. D) After the first Bronze Builder Inventive earning month. Show Answer Correct Answer: D) After the first Bronze Builder Inventive earning month. ← PreviousNext →Related QuizzesIncentives QuizzesIncentives Quiz 1Incentives Quiz 2Incentives Quiz 3Incentives Quiz 4Incentives Quiz 5Incentives Quiz 6Incentives Quiz 7Incentives Quiz 8Incentives Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books