Some Units of  Time Are Seconds, ______, Hours, and Days

question 71

Multiple Choice

Some units of  time are seconds, ______, hours, and days.

• A) minutes
• B) foot
• C) meter
• D) cup

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Definitions:

Budget Line

A diagram that maps out all potential pairings of two goods which are affordable within a set budget, with prices being stable.

Money Income

The total earnings received by an individual or household, including wages, salaries, benefits, and investments, usually measured before taxes.

Equilibrium Combinations

Sets of prices and quantities in a market where supply and demand are balanced, leading to no excess supply or demand.

Price

The amount of money that must be paid to obtain a good or service.