Restaurant Meals Are an Example of a ________ Good and Clothing

question 15

Multiple Choice

Restaurant meals are an example of a ________ good and clothing is an example of a ________ good.The pattern of interregional trade is determined primarily by ________.

• A) nontraded; traded; external economies.
• B) traded; nontraded; internal economies
• C) nondurable; durable; natural resource
• D) durable; nondurable; natural resources
• E) consumer; style; population

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Definitions:

Low Yield

An investment or venture that generates a relatively small return or profit compared to the effort, cost, or risk involved.

Unproductive

Not producing or able to produce large amounts of goods, services, or results.

Discrepancy

The difference or inconsistency between two or more elements, such as expectations and reality.

Nonverbal Communication

The transmission of messages or signals through a non-linguistic means, such as body language, facial expressions, gestures, and posture.