A Graphical Representation of Relativity in Relation to a Whole

question 35

Multiple Choice

A graphical representation of relativity in relation to a whole is best displayed using

• A) a bar chart.
• B) a pie chart.
• C) a table.
• D) a Gantt chart.

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Definitions:

Excludability

The characteristic displayed by those goods and services for which sellers are able to prevent nonbuyers from obtaining benefits.

Consuming

Consuming involves using up goods or services by purchasing, eating, or utilizing them to satisfy needs or wants.

Good

A material item or service that satisfies a need or desire and is available for purchase or trade.

Demand-Side

Economic policies or concepts focused on increasing demand for goods and services as a way to stimulate economic growth.