Match Each Numbered Entry with the Most Relevant Lettered Entry

question 28

Multiple Choice

Match each numbered entry with the most relevant lettered entry below.
-bequest

• A)that which is exchanged
• B)occurring automatically
• C)lifetime use of land
• D)sharing a pension
• E)lump sum
• F)agreement to commit fraud
• G)placed into one account
• H)gift by will
• I)unpaid
• J)as between strangers

---

Definitions:

Economic Profits

The outcome of subtracting all varieties of costs, including direct and indirect, from overall sales.

Consumer Demand

The desire and willingness of consumers to purchase goods and services at given prices.

Economic Profits

The divergence in a company's overall sales versus its combined expenses, spanning both acknowledged and hidden costs.

Perfectly Competitive

A market structure characterized by a large number of buyers and sellers, where no single entity can affect the price of the product.