Which of the Following Represents a Category of Related Objects

question 27

Multiple Choice

Which of the following represents a category of related objects or events and helps us identify important features of the world?

• A)algorithm
• B)heuristic
• C)kinesthetic image
• D)concept

---

Definitions:

Price

The amount of money expected, required, or given in payment for something.

Export

The act of sending goods or services from one country to another for sale or trade.

Consumer Surplus

The difference between what consumers are willing to pay for a good or service and what they actually pay, representing the benefit received from the purchase.

World Price

The international market price of a good or service, influenced by global supply and demand.