CHOOSE THE BEST ANSWER

21. Requirements required of a good administrator

a) Capricious, spoiled, portentous and selfish

b) Innovator, initiator of activities, decision-making, risk-taker, system builder

c) Good, healthy, intelligent, make decisions, take risks, pending growth

d) Politician, trickster, gira candle, opportunist, nonsense

22. The factors of production or resources are classified as:

a) Raw materials, labor, indirect costs, the administrative

b) Sales price, costs, profit margin, productivity

c) Efficiency, effectiveness, effective, equitable

d) Labor, land, capital, administrative

23. The capital factor has two fundamental components

a) The exploitation of resources and the worker

b) Real and financial

c) Private and public

d) Engaged and single

24. The land factor refers to:

a) To that of economic exploitation, of the farmer and energy

b) Machinery, equipment and the plow

c) Hato del Rey, Agricultural and Financial investment

d) To agriculture, energy and natural resources

25. The labor factor has the component of:

a) Physical and creative energy

b) Tiredness and exploitation

c) Intellect and cunning

d) Act with deception and creative

26. Marginalism refers to:

a) A road parallel to the main one

b) continued satisfaction of an additional unit

c) every decision is based on what it costs me or I earn per additional unit

d) all decisions are based on the price and additional cost

27. The production possibilities curve is defined as:

a) Graph showing the different combinations of two resources to determine optimization

b) Graph showing the combination of minimum costs in production

c) Graph showing the least expensive factors of production

d) Graph showing the maximum profit with the minimum costs