Match Each Term with Its Definition

question 6

Multiple Choice

Match each term with its definition.
-Something to prepare ahead of time and have with you as you complete specific employers' application forms

• A)Internet job search
• B)classified advertisement
• C)master application
• D)rushing
• E)fidgeting
• F)follow-up letter
• G)cost-of-living raise
• H)merit raise
• I)continuing education units (CEUs)
• J)career laddering

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Definitions:

Production Possibilities Curve

A visual diagram displaying the highest achievable production combinations of two products or services within an economy, assuming all resources are used completely and effectively.

Consumer Goods

Products that are purchased by consumers for personal or household use, as opposed to goods used by businesses to produce other goods.

Capital Goods

Long-lasting goods acquired or manufactured by a business that are used in the production of other goods or services, rather than being sold to consumers.

Opportunity Cost

The expense incurred by not selecting the second-best choice available when deciding between multiple options.