Which One of the Following Is the Missing Third Element

question 3

Multiple Choice

Which one of the following is the missing third element in the fire triangle if the other two are oxygen and fuel?

• A) Hydrogen
• B) Electricity
• C) Heat
• D) Paper

Evaluate the role of government intervention in achieving economic efficiency and equity.

Understand the significance of resource allocation in determining standards of living.

Understand the concept of stress, its causes, and its physical and psychological consequences.

Identify workplace factors that contribute to stress and strategies for stress management.

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Definitions:

Marginal Cost

The expense associated with the production of an extra unit of a product or service.

Marijuana

Refers to the dried leaves, flowers, stems, and seeds from the Cannabis sativa or Cannabis indica plant, used for medicinal or recreational purposes.

Shipment Seized

An event where goods are confiscated by authorities, usually due to regulatory, customs, or legal issues.

Equilibrium Price

The price at which the quantity of a good demanded by consumers equals the quantity supplied by producers.