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[General] Global-Economics-for-Managers考試證照，Global-Economics-for-Managers題庫更新資訊

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【General】 Global-Economics-for-Managers考試證照，Global-Economics-for-Managers題庫更新資訊

Posted at yesterday 10:42      View：26 | Replies：0        Print      Only Author   [Copy Link] 1#
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最新的 Courses and Certificates Global-Economics-for-Managers 免費考試真題 (Q53-Q58):問題 #53
What is opportunity cost?
  • A. The marginal benefit of an additional unit
  • B. The total cost of all inputs used in production
  • C. The lost potential from pursuing one activity at the expense of another, given the alternatives
  • D. The explicit monetary cost of an activity
答案：C
解題說明：
InGlobal Economics for Managers,opportunity costis defined asthe lost potential from pursuing one activity at the expense of another, given the available alternatives, making option B correct. Opportunity cost reflects the value of the next best alternative that is foregone when a decision is made.
This concept is central to economic decision making because resources-such as time, capital, and labor-are scarce. Choosing one option necessarily means giving up another. Opportunity cost includes both monetary and non-monetary factors and applies to individuals, firms, and governments alike.
For firms, opportunity cost may involve using capital for one investment rather than another. For consumers, it may involve spending money on one good instead of saving it or purchasing a different good. Managers must account for opportunity costs to make efficient and rational decisions.
Option A refers only to explicit costs, which are incomplete. Options C and D describe different cost and benefit concepts.
Thus, option B correctly defines opportunity cost.

問題 #54
What is the bandwagon effect?
  • A. Government intervention to stabilize markets
  • B. Investors moving independently based on private information
  • C. The tendency of prices to return to equilibrium
  • D. The movement of investors in the same direction at the same time
答案：D
解題說明：
In Global Economics for Managers, the bandwagon effect refers to the movement of investors in the same direction at the same time, making option B correct. This phenomenon occurs when individuals follow the actions of others rather than relying solely on their own information or analysis.
The bandwagon effect is common in financial markets, particularly during asset bubbles or currency crises.
As more investors buy or sell an asset, others follow, reinforcing the trend regardless of underlying fundamentals. This herd behavior can amplify volatility and lead to mispricing.
Options A, C, and D do not describe collective investor behavior.
Thus, option B correctly defines the bandwagon effect.

問題 #55
What are features shared by monopolies and perfect competition? (Choose TWO.)
  • A. In the long run, it is nearly impossible for new firms to enter.
  • B. Price is greater than marginal cost.
  • C. Maximum profit occurs when marginal revenue equals marginal cost.
  • D. In the long run, new firms can easily enter the market.
  • E. Firms earn economic profits in the short run.
  • F. The structure does not produce the welfare-maximizing level of output.
答案：C,E
解題說明：
InGlobal Economics for Managers, monopolies and perfectly competitive firms share two important features:
profit maximization at MR = MCand the ability toearn economic profits in the short run, making options E and F correct.
Option E applies universally: all firms maximize profit wheremarginal revenue equals marginal cost, regardless of market structure. This decision rule guides output choices in both monopoly and perfect competition.
Option F is also correct because firms in both structurescan earn economic profits in the short run. In perfect competition, short-run profits attract new entrants, while monopolies may sustain profits longer due to entry barriers.
Options A and B distinguish the two structures. Option C applies only to monopoly. Option D applies only to monopoly, not perfect competition.
Thus, options E and F correctly identify shared features.

問題 #56
What are examples of fixed costs? (Choose TWO.)
  • A. Sales commissions
  • B. A $1,000 state license fee to operate a shop
  • C. Cost of parts in computer manufacturing
  • D. Monthly internet cost in a women's apparel business
  • E. Cost of flour in bread production
答案：B,D
解題說明：
InGlobal Economics for Managers,fixed costsare costs that do not vary with the level of output in the short run, making optionsC and Dcorrect.
Option C, astate license fee, is fixed because it must be paid regardless of how much output is produced.
Option D,monthly internet service, is also fixed since the cost remains constant even if production rises or falls.
Options A, B, and E arevariable costsbecause they increase as output increases. Sales commissions depend on sales volume, flour usage depends on bread production, and parts costs rise with the number of devices produced.
Understanding fixed costs is essential for break-even analysis and short-run production decisions. Thus, C and D are correct.

問題 #57
What is one example of something a copyright is used to protect?
  • A. The shape of a new invention
  • B. The content of a book
  • C. The name of a brand
  • D. The design of a logo
答案：B
解題說明：
InGlobal Economics for Managers,copyrightis identified as a form of intellectual property protection that applies tooriginal works of authorship, making option A-the content of a book-the correct answer.
Copyright protects the expression of ideas rather than the ideas themselves.
Copyright protection typically covers literary works, music, films, software code, artistic creations, and other original content fixed in a tangible medium. It grants the creator exclusive rights to reproduce, distribute, display, and perform the work for a specified period. This protection encourages creativity and innovation by allowing creators to earn economic returns from their work.
Option B refers totrademarks, which protect brand names, symbols, and slogans used to distinguish goods or services. Option C, the design of a logo, is also generally protected under trademark law. Option D describes a patent, which protects new inventions, processes, or designs with functional utility.
Global Economics for Managersemphasizes that strong intellectual property protection is critical for firms competing in knowledge-intensive industries. Copyright protection, in particular, plays a key role in publishing, entertainment, and software sectors.
Therefore, option A correctly identifies an example of what copyright is used to protect.

問題 #58
......
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