Select the Sentence with More Exact Language

question 40

Multiple Choice

Select the sentence with more exact language.

• A) Ricardo won a blue ribbon at the state fair for the squash he grew.
• B) Ricardo is very good at what he does.

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Definitions:

Supply Curve

A graph that shows the relationship between the price of a good and the quantity of the good that producers are willing to sell.

Total Surplus

The sum of consumer surplus and producer surplus, representing the total benefit to society from the production and consumption of goods and services.

Transplant Organs

Organs removed from one body and placed in another's body for the purpose of replacing a missing or defective organ.

Market

An economic system where goods and services are freely exchanged between buyers and sellers under competitive conditions.