Abm12 4TH Quarter Exam (Applied Economics)

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MYSTICAL ROSE COLLEGE OF SCIENCE AND TECHNOLOGY

POGONLOMBOY, MANGATAREM, PANGASINAN


COLLEGE OF BUSINESS ADMINISTRATION MAJOR IN HUMAN RESOURCE MANAGEMENT
ABM 12 APPLIED ECONOMICS
4th QUARTER EXAMINATION

NAME:__________________________ SCORE:______________
STRICTLY NO ERASURES

I-Select the letter of the correct answer. (2 POINTS EACH)


A. Monopoly C. Perfect Competition
B. Oligopoly D. Monopolistic Competition

______1. Fruit markets ______6. Philippine Airlines


______2. Cakes in the Philippines ______7. MERALCO in NCR
______3. Jeans Industry ______8. Barber Shops
______4. Schools in the Philippines ______9. Cable Companies in Isabela
______5. Malls in the Philippines ______10. Supermarket in Mangatarem

II- IDENTIFICATION (2 PTS EACH)


________1. Developed the Porter’s five forces.
________2. The ability of any actor or group of actors in the market to significantly influence the price in the
market and quantity to be produced or sold.
________3. There is only one buyer in a market.
________4. It characterized by a single seller in the market.
________5. It characterized by few sellers producing similar and differentiated products.

III- ENUMERATION
1-6 FACTORS LEADING TO PROFIT MAXIMIZATION
7-11 PORTER’S FIVE FORCES OF COMPETITIVE POSITION
12-15 SWOT ANALYSIS STANDS FOR

IV- ESSAY (5 POINTS)


What is profit maximization?

PREPARED BY: DAISY B. NATOC, LPT, MBA

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