Answers to QOTW 1- 2013-14
1. ADIDAS
2. SWEETS
3. DOLCE AND GABBANA
4. HUAWEI
5. REVAMPED OPERATING SYSTEM
THERE WAS ONLY ONE ALL CORRECT ANSWER:
CONGRATULATIONS TO MANALI FROM FYBCom

WELCOME QUIZ - QOTW-1

HERE'S WELCOMING ALL THE NEW MEMBERS OF THE BLOG eco4all :)

FOR THE INAUGURAL QUIZ WE HAVE 5 QUESTIONS
MEMBERS OF THE BLOG PLEASE SEND IN YOUR ANSWERS BY EMAIL TO profKMody@gmail.com by Friday 20 July 2013, 5 p.m.
Names of the first three all correct answer providers will be displayed the next time around.
ALL THE BEST

1. Which global sports brand is on Wimbledon Champion Andy Murray's shirt?

2. Tennis player Maria Sharapova has launched a new business. What product is she selling?

3. Which two fashion designers were recently sentenced to jail for tax evasion?

4. Who has launched the ASCEND P6 smartphone?

5. What innovation has been announced by APPLE?

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WELCOME

WELCOME TO THE NEW ACADEMIC YEAR 2013-14

HERE'S WISHING ALL ANDREANS A VERY HAPPY AND SUCCESSFUL YEAR IN COLLEGE

HAPPY VACATION ANDREANS

QOTW WILL BE BACK IN JUNE

Answers to Final QOTW for 2012-13

1. OPEC

     C) is a cartel of producing countries, with most, but not all members in the Middle East.

2. Residential electricity is typically sold in markets governed by

     C) regulated monopolists.

3. When people are influenced by a tax or regulation to do something they might not otherwise do then economists call this

     A) an incentive.

   

 4. The fact that production cannot exceed what is possible given available resources indicates that there is

     A) scarcity.

All correct answers submitted by;

Zenaida and Alisha of F.Y.B.Com. 

Final QOTW for 2012-13- QOTW 18

MULTIPLE CHOICE: SELECT THE CORRECT ALTERNATIVE:

1. OPEC

    A) is a cartel of oil consuming nations.

    B) is a cartel of producing countries that are all in the Middle East.

    C) is a cartel of producing countries, with most, but not all members in the Middle East.

    D) is the largest oil company in the world.

2. Residential electricity is typically sold in markets governed by

    A) regulated perfect competitors.

    B) unregulated perfect competitors.

    C) regulated monopolists.

    D) unregulated monopolists.

3. When people are influenced by a tax or regulation to do something they might not otherwise do then economists call this

     A) an incentive.

     B) an arbitrary observation.

     C) an unintended consequence.

     D) a lost opportunity.

 4. The fact that production cannot exceed what is possible given available resources indicates that there is

       A) scarcity.

       B) the fallacy of composition at play.

       C) the fallacy that correlation and causation are the same at play.

       D) the fallacy of the round at play.

Send your answers into profKMody@gmail.com by Thursday 28 February 2013.