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The Following Sentences Form a Paragraph

question 17

Multiple Choice

The following sentences form a paragraph. Select the correct word for each blank. The Zamboni is not easy to maneuver ⎯ the driver has to steer with one hand and adjust the ____ controls with the other.


Definitions:

Price

The sum of money needed to buy a product, service, or property.

Demand Curve

The demand curve is a graphical representation showing the relationship between the quantity of a good consumers are willing and able to purchase and its price.

Marginal Revenue

The additional income that is generated by selling one more unit of a good or service.

Competitive Market

A market in which there are many buyers and sellers, so that each has a negligible impact on the market price.

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