Final Exam Practice Questions Multiple Choice Identify the choice that best completes the statement or answers the question. ____ 1. Assume that Greece has a comparative advantage in fish and Germany has a comparative advantage in cars. Also assume that Germany has an absolute advantage in both fish and cars. If these two countries specialize and trade so as to maximize the benefits of specialization and trade‚ then |a. |the two countries’ combined output of both goods will be higher than
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bad health diets‚ and caused illnesses. In 1994 the Center for Science in the Public Interest put out a study claiming that a large movie-theater popcorn‚ hold the butter‚ delivered as much saturated fats as six Big Macs from McDonalds. Just imagine how much saturated fats a normal popcorn would hold without holding the butter. “Theater popcorn ought to be the Snow White of snack foods‚ but it’s been turned into Godzilla by being popped in highly saturated coconut oil‚” Michael Jacobson‚ the
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“How much is the popcorn and drink again?” Have you been the movies lately? The tickets and the concession stand will break your wallet if you have the money for it. The money you spend at the theaters‚ you could use that money to rent multiple movies at the movie store and you will still have money left over to save for a rainy day. The expenses you will pay at the theaters can result in a bad experience for watching a movie that you may enjoy. There are many differences and similarities between
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For example‚ if a sale advertisement states buy one Jolly Popcorn for three dollars‚ and get a second Jolly Popcorn for free‚ and an available coupon states fifty-five cents off one box of Jolly Popcorn the two boxes of Jolly Popcorn only costs one dollar and ninety cents‚ or ninety-five cents a box. Another way to get even more savings is to use a second fifty-five cent coupon for the second box
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not have as much or less competition in the market. We have a special patented coating for our popcorn that sets us apart and this will be our lead product. Packaging of our product is especially important with a food related product. We want to emphasize the uniqueness and we want it to show‚ so we will use a clear bag with an Old Fashioned label that will be very appealing and desirable‚ our popcorn will look good unopened sitting on someone’s counter or table at home or in the office. Pricing
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durable. * Reveals the shape of the future. A trend according to futurist Faith Popcorn‚ has longevity‚ is observable across several market areas and consumer activities and is consistent with other significant indicators occurring at the same time. Popcorn has identified ten major trends and their implications for business decision making. FAITH POPCORN POINTS TO TEN TRENDS IN THE ECONOMY Faith Popcorn runs a marketing consultancy firm called BrainReserve‚ which she started in 1974. Her
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Mistakes. Harmful or Beneficial? Have you ever wondered how the microwave came to be? Or how some scientists were able to find ancient artifacts? Was it luck or just a hunch? Mistakes are a key part of discovery. Without mistakes we may have never been asking ourselves the questions we ask today? How did it happen? First and foremost‚ Mistakes offer an idea or thought one may have never thought of. For example‚ in "How a Melted Bar of Chocolate Changed Our Kitchens‚" Percy’s chocolate bar melted
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Cinema provides the facility of e-booking tickets. Customers are able to book their tickets in advance without having to wait for long queues at the ticket counter to save time. Besides selling tickets as their main business‚ both Cineplex also sell popcorns‚ soft drinks‚ other snacks‚ and exclusive products. Both MBO Cinema and LFS Cinema offers 2D and 3D movies. 3D glasses are being sold separately and can be used again for the subsequent visit. MBO Cinema in The Starling Mall‚ Damansara Uptown has
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It’s Friday night and John is trying to decide what to do for the night. He wants to watch a movie‚ but he cannot decide between going to the movies and renting a movie. Have you ever been in this situation? Have you ever thought about the pros and cons of watching a movie at the theater versus the price to rent a movie from your local rental store? If you haven’t given any thought to it‚ then this may be the time to look at some pros and cons of these two different ways of watching movies. Overall
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do this and the effects of this could be great and long lasting. This was not my very first time volunteering. The very first time I volunteered was when I was a sophomore in high school. My elementary school put together a popcorn stand where we passed out bags of popcorn to the children. I was not prepared for what was going to happen. My mother actually tricked me and told me that she had a job for me where I would get paid. At this time I was just a young kid just to make a
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