A Product Is Called a Good If ________

question 93

Multiple Choice

A product is called a good if ________.

• A) its price is below the market standards
• B) it is predominantly tangible
• C) it has been standardized
• D) it is sold directly to the end consumers
• E) its price is above the market standards

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Definitions:

Freedpeople

Former slaves who were emancipated during and after the American Civil War.

Reconstruction Era

The period from 1865 to 1877 following the Civil War, focused on rebuilding the United States and integrating formerly enslaved people into society.

Free Labor System

An economic system where workers are not forced or coerced into labor but are paid for their work and can choose their employment.

White Supremacist Organizations

Groups that advocate for the superiority of white people and often seek to promote racist ideologies.