Which of the Following Relationships Is an Example of Natural

question 59

Multiple Choice

Which of the following relationships is an example of natural authority?

• A) the police and the public
• B) an older brother and his younger sibling
• C) a sergeant and a private in the army
• D) a manager and a worker in a factory

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Definitions:

Demand (D)

A fundamental concept in economics that describes consumers' willingness and ability to purchase goods or services at various prices.

Supply (S)

The total amount of a specific good or service that is available to consumers.

Cost Of Producing

The total expenditure incurred in manufacturing a product or providing a service, including raw materials, labor, and overheads.

Soybeans

A type of legume native to East Asia, widely grown for its edible bean which has numerous uses.