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Fresh Grad Lands Job as Real Estate Agent With Help from Professional Writers

People go to websites to get the information they desperately need.  They could be looking for an answer to a nagging question.  They might be looking for help in completing an important task.  For recent graduates, they might be looking for ways on how to prepare a comprehensive resume that can capture the attention of the hiring manager

Manush is a recent graduate from a prestigious university in California who is looking for a job opportunity as a real estate agent.  While he already has samples provided by his friends, he still feels something lacking in his resume.  Specifically, the he believes that his professional objective statement lacks focus and clarity. 

Thus, he sought our assistance in improving editing and proofreading his resume. 

In revising his resume, iwritegigs highlighted his soft skills such as his communication skills, ability to negotiate, patience and tactfulness.  In the professional experience part, our team added some skills that are aligned with the position he is applying for.

When he was chosen for the real estate agent position, he sent us this thank you note:

“Kudos to the team for a job well done.  I am sincerely appreciative of the time and effort you gave on my resume.  You did not only help me land the job I had always been dreaming of but you also made me realize how important adding those specific keywords to my resume!  Cheers!

Manush’s story shows the importance of using powerful keywords to his resume in landing the job he wanted.

Test 3 Ch 8-11

Navigation   » List of Schools  »  Los Angeles Mission College  »  Economics  »  Econ 001 – Principles of Economics  »  Fall 2022  »  Test 3 Ch 8-11

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Below are the questions for the exam with the choices of answers:

Question #1
Cartel have problems enforcing output quotas on the members.
A  True
B  False
Question #2
Which of the following is a drawback of sole proprietorship?
A  They are difficult to dissolve.
B  All of these.
C  The owner has limited financial liability.
D  It is more difficult to attract outside funding sources because the business is linked to the sole owner.
Question #3
Assume the following: sales price is $9, output is 5,000 units, average total cost is $15, and average variable cost is $7.50. What should the firm do and why?
A  Continue to produce, because price is greater than average variable cost
B  Shut down, because Average total cost is greater than price
C  Shut down, because of a loss of $5,000
D  Continue to produce because price is greater than average total cost
Question #4
If the marginal revenue is below average variable cost, the firms should
A  Increase the price
B  Continue to operate
C  Increase production
D  Shut down
Question #5
Cartel have problems enforcing output quotas on the members.
A  False
B  True
Question #6
Cartels do all of the following, except
A  collaborate as a group of firms that limit output
B  collaborate as a group of firms that act without collusion
C  collaborate as a group of firms that act as one
D  collaborate as a group of firms that jointly maximize profits
Question #7
A firm, in a perfectly competitive market, produces and sells child car seats. The sales price is $600, the fixed cost are $3,000 and the variable cost are $300 per unit. What is the marginal revenue for the 10th seat sold?
A  $590
B  $625
C  $600
D  $480
Question #8
The oligopoly market is comprised of
A  One firm
B  Many small firms
C  A few larger firms
D  Companies selling services only
Question #9
A partnership is a firm that is owned by two or more people who operate as a business under a voluntary legal agreement.
A  True
B  False
Question #10
An attempt by one party to seek an advantage at the expense of another is known as
A  Partnership
B  Spontaneous order
C  Cooperative
D  Opportunism
Question #11
The majority of firms in the U.S. are corporations.
A  True
B  False
Question #12
If the marginal revenue is below average variable cost, the firms should
A  Continue to operate
B  Increase the price
C  Shut down
D  Increase production
Question #13
Assume the following: sales price is $9, output is 5,000 units, average total cost is $15, and average variable cost is $7.50. What should the firm do and why?
A  Shut down, because Average total cost is greater than price
B  Shut down, because of a loss of $5,000
C  Continue to produce, because price is greater than average variable cost
D  Continue to produce because price is greater than average total cost
Question #14
Patents and copyrights are legal barriers to entry.
A  True
B  False
Question #15
The advantage of a partnership over a sole proprietorship is
A  They are voluntary.
B  They have tax advantages over proprietorships.
C  They allow owners to pool their skills to create a stronger business.
D  The owners have limited liability.
Question #16
Cheating among members of the cartel is a major problem.
A  True
B  False
Question #17
Markets coordinate economic activity through spontaneous order.
A  True
B  False
Question #18
The advantages of a corporation include
A  There are limits to how many different people can own a part of the corporation.
B  It is a legal entity that cannot be separated from its owners.
C  The owners benefit from limited liability.
D  It is relatively easy to dissolve a corporation.
Question #19
A cartel is a group of producers that act as one firm.
A  True
B  False
Question #20
Not-for-profit firms are typically organized as proprietorships.
A  True
B  False
Question #21
Collusion is the cooperating of firms to increase profits by increasing prices and dividing markets.
A  False
B  True
Question #22
Cartels in the United States are illegal under antitrust laws, legal in other countries.
A  False
B  True
Question #23
The monopolistic competitive firm will produce
A  At the point where MC=P
B  At the point where MR=MC
C  At the point where MR=AVC
D  At the point where AFC=MC
Question #24
Sole proprietorships and partnerships have tax advantages over corporations.
A  False
B  True
Question #25
The means of coordinating economic activity in which individuals are guided by instructions from a central authority is known as
A  Spontaneous order
B  Partnership
C  Cooperative
D  Hierarchy
Question #26
Hierarchy is the means of coordination in which independent agents adjust their actions in response to information and incentives from their immediate environment.
A  False
B  True
Question #27
The market called monopolistic competition is
A  A market in which firms a price takers
B  A market that produces a differentiated products
C  A market dominated by a large firm
D  A market that produces homogeneous product
Question #28
A market in which a homogenous product is sold is
A  Perfect competition
B  Oligopoly
C  Monopoly
D  Monopolistic competition
Question #29
Which of the following is a drawback of sole proprietorship?
A  They are difficult to dissolve.
B  The owner has limited financial liability.
C  All of these.
D  It is more difficult to attract outside funding sources because the business is linked to the sole owner.
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“Kudos to the team for a job well done.  I am sincerely appreciative of the time and effort you gave on my resume.  You did not only help me land the job I had always been dreaming of but you also made me realize how important adding those specific keywords to my resume!  Cheers!

Manush
Fresh Graduate
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