The Lower Calibration Bar of a Balance-Beam Scale Is Divided

question 7

Multiple Choice

The lower calibration bar of a balance-beam scale is divided into

• A) 1-lb increments.
• B) 2-lb increments.
• C) 25-lb increments.
• D) 50-lb increments.

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Definitions:

Rival in Consumption

A property of a good whereby one person's use of the good reduces the ability of another person to use the same good.

Individual Marginal Benefit

The additional satisfaction or utility that an individual derives from consuming one more unit of a good or service.

Government Intervention

Actions taken by a government to affect the economy, which can include regulations, subsidies, tariffs, and other forms of involvement.

Traffic Lights

Signaling devices positioned at road intersections, pedestrian crossings, and other locations to control flows of traffic.