Register
Client Area

iWriteGigs

support@iwritegigs.com
Facebook-f
Register
Client Area

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.

How Does the Firm Profit Quiz

Navigation   » List of Schools  »  Glendale Community College  »  Economics  »  Econ 101 – Microeconomics  »  Fall 2022  »  How Does the Firm Profit Quiz

Need help with your exam preparation?


Existing Quiz Clients Login here

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

Question #1
In 1984, British Prime Minister Margaret Thatcher decided to shut down so-called “uneconomic” coal mines owned by the government. The National Union of Mineworkers protested, asserting that there was enough coal in the mines to continue current levels of production for years. Thatcher implicitly argued that her decision was economically sound because, at any practical level of output, for each “uneconomic” (or unprofitable) mine,
A  for every input, MPP > APP.
B  MC > MR.
C  AC > MC.
D  MC > AC.
Question #2
Marginal profit is the profit
A  calculated directly from the total cost curve.
B  earned for each dollar of cost increase.
C  earned by a firm that is about to go out of business.
D  that is added by a one-unit increase in total output.
Question #3
The difference between economic profit and accountant’s definition of profit is that an economist’s total cost counts the ____ of inputs.
A  absolute value
B  overheads
C  opportunity cost
D  gross cost
Question #4
When a firm’s fixed cost rises, its total profit curve shifts
A  up at every output level.
B  right at every profit level.
C  left at every profit level.
D  down at every output level.
Question #5
If at optimum output of 1,000 units, the firm is incurring average variable cost per unit of $3, average fixed cost per unit of $1.50, and selling its output at $7 per unit, total profit is
A  $2,500
B  $1,500
C  $7,000
D  $250
Question #6
Once the profit-maximizing output where MR = MC is determined, price is set by
A  adding a standard markup percentage to marginal cost.
B  the demand curve.
C  subtracting the marginal cost from total revenue.
D  making it equal to MR = MC.
Question #7
The demand curve for a firm’s product is also the curve showing
A  average profits.
B  marginal revenue.
C  total revenue.
D  average revenue.
Question #8
The demand curve facing a firm is also the firm’s
A  total revenue curve.
B  average utility curve.
C  total utility curve.
D  average revenue curve.
Question #9
A grocery store sells soup for $1.50 a can, or $2.50 for two cans. To a customer, the marginal cost of buying the second can of soup is
A  $1.50.
B  $1.25.
C  $1
D  $2.50.
Question #10
If MC > MR,
A  output should be reduced.
B  the total profit curve has yet to peak.
C  there are losses.
D  marginal profit is positive.
Question #11
Total profit is maximized
A  at the point where all variable costs are covered.
B  at that output level where marginal revenue equals average cost.
C  where total revenue is at a maximum.
D  where the difference between total revenue and total cost is greatest.
Question #12
To find its profit-maximizing output level, a firm should operate where
A  TFC = TVC.
B  AFC = AVC.
C  MC = MR.
D  AVC = MC.
Question #13
Total profit equals
A  total sales revenue minus total cost.
B  average profit times total output.
C  TR – TC.
D  All of these are correct.
Question #14
Marginal revenue is the addition to a firm’s revenue from
A  the sale of inferior output.
B  a $1 reduction in marginal cost.
C  a $1 change in price.
D  a one-unit change in output.
Question #15
The goal of the business firm is maximization of ____, and the goal of the consumer is maximization of ____.
A  total sales; income
B  total sales; utility
C  total profit; utility
D  total output; utility
Play Video

“Many thanks for the killer business plan we worked on.  You guys are angels sent to me.  Congratulations to the team for a job well done. I hope you help more entrepreneurs like me grow their businesses.  I will surely bring some clients your way!”

Christian S.
SaaS Business Founder

“Thanks for all your help in bringing my website back to life. You are life savers.  With your help, I now have a more thorough understanding of my target audience.  I wish I had met your earlier, I could have saved tons of work hours.”

Tyra
Blogger

“We can never be thankful enough iwritegigs.com for helping us with our business.  We have been hesitating for years hiring a professional writer thinking it was only an extra cost to our business.  It has been a pleasure working with you.” 

Linda
Start Up Founder

“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
We accept payment

Terms of Service
Copyright © 2021 iWriteGigs
ElitePro Writing Business Solutions LLC

30 N Gould St Ste R, Sheridan, WY 82801 

Call Us at 1-(323) 410-1787
Send us sms at 1-(323) 410-1787

17 Mabini St. Barangay San Diego Zone 2 Tayabas City, Philippines