Eco revision

• Economie
• Middelbare school
• havo
• Leerjaar 2

A2a- Revision Quiz

Topic 2

What is 'idealistic' advertising?

How many 'Factors of Production' are there?

1. 0
2. 2
3. 4
4. 6

What word is missing here:
A _____________ indicates which companies
appear in the production path.

1. supply chain
2. nature
3. consumer
4. organigram

How many
people is the
Head of Sales a manager of?

1. 0
2. 1
3. 2
4. 3

Which production factor is this an example of.
Milans' toasties have bought new toastie makers for their business.

1. Capital
2. Labour
3. Nature
4. Entrepreneurship

A phone, excluding VAT at 21%, is 130 Euros. Calculate the price including VAT.

Name one DISADVANTAGE of mechanisation.

What is 'Internal division of labour'?

Anouk makes a special machine to personalise plates. It cost her 1400 Euro. After 6 years she sells it for 300. Calculate the annual (Yearly) depreciation

1. 1100
2. 183.33
3. 233.33
4. 333.33

Sven is paid 70 Euro for a gig, playing the electric guitar by Noah Sem.
What is this payment an example of?

1. An operating cost
2. Net Profit
3. Gross Profit
4. VAT

A phone costs 450 Euro including 21% VAT. Calculate the cost excluding (without) VAT.

A bicycle dealer sells a bicycle for € 250 and he sells 120 of them. They cost him 200 Euro each.
If I calculate 250 x 120 = 30 000
this is the:

1. Turnover
2. Gross Profit
3. Net Profit
4. VAT amount

Turnover

Net Profit

Operating costs