Which Statement Is True, Regarding the Following Products and Services

question 59

Multiple Choice

Which statement is true, regarding the following products and services?

• A)Socks, bricks, and nails satisfy simple needs but are expensive
• B)Spark plugs, thermometers, and industrial equipment meet rigorous technical standards
• C)Airplanes, vacations, automobiles, and shampoos are technically complex and satisfy complex needs
• D)Starbucks's coffee, Dell's computers, and Pepsi's bottled water are technically simple and relatively cheap

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Definitions:

Mortality Rate

A measure of the decrease in population due to deaths; often expressed as the number of deaths per 1,000 people in a particular population.

Fertility Rate

A measure of population growth through reproduction; often expressed as the number of births per 1,000 people in a particular population or the average number of children a woman would bear over a lifetime.

Renewable Resource

A natural resource that can replenish itself over time through natural processes, such as sunlight, wind, rain, tides, and geothermal heat, making it sustainable for ongoing use.

Climate Change

The increase in extreme weather patterns linked to global warming.