In Which Instance Will Dependency Be Absent

question 71

Multiple Choice

In which instance will dependency be absent?

• A)having something that somebody wants
• B)being uncertain of selling one's product
• C)possessing specialized knowledge
• D)empowering and sharing power
• E)having a resource with no viable substitute

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Definitions:

Income

Monetary gain derived from work, investments, business, or other sources intended to fund personal expenditures.

Tax

A mandatory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.

Utility Function

A rephrased definition: A tool in economics to quantify an individual's satisfaction from consuming different bundles of goods and services.

Price

The sum of money needed to buy a product or service.