Which of the Following Is a Network of National Standards

question 83

Multiple Choice

Which of the following is a network of national standards institutes in over 150 nations that develop global standards for industries?

• A)IOS
• B)ISO
• C)IOSB
• D)IOSC

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Definitions:

Competitive Quantity

is the quantity of goods produced or services offered based on the equilibrium in a competitive market.

Wage Rate

The fixed amount of compensation or payment received by an employee from an employer in exchange for work performed.

Market Quantity

The total amount of a good or service that is bought and sold in a market.

Marginal Expenditure

The additional cost incurred by producing one more unit of a good or service.