Matching Questions Match Each Term with Its Definition

question 86

Multiple Choice

Matching Questions
match each term with its definition:
-dehydration

• A)cold stress
• B)lack of oxygen
• C)lack of water

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Definitions:

Market Price

The existing rate at which an asset or service may be acquired or disposed of on the market.

Utility Consumption

The enjoyment or satisfaction gained by using a good or service.

Factor Markets

Markets where resources, such as labor, capital, and land, are bought and sold.

Resource Allocation

The process of distributing available resources among various projects or business units to maximize the effectiveness and efficiency of utilization.