The Most Common Reason Why Budgets Increase from One Year

question 3

Multiple Choice

The most common reason why budgets increase from one year to the next is

• A) Increase in output
• B) Increase in input prices
• C) Increase in the quality of the good or service produced
• D) Adoption of cost increasing production technology

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Definitions:

Cerumen

Another term for earwax, a substance secreted in the ear canal that protects and cleans the ears.

Tinnitus

A condition characterized by hearing noises (such as ringing, buzzing, or humming) in the ears when no external sound is present.

Vertigo

A sensation of spinning or having one's surroundings spin around them, which is often caused by problems with the inner ear or brain.

Tympanitis

Inflammation of the tympanic membrane (eardrum), often associated with middle ear infection.