Which of the Following Statements Describes an Environmental Factor

question 21

Multiple Choice

Which of the following statements describes an environmental factor?

• A)Tupperware has more than 200,000 independent contractor dealers who market its entire product line.
• B)A car battery comes with a lifetime guarantee.
• C)An automobile offers a $500.00 rebate.
• D)Several provinces have legislation requiring children under four to use car seats.

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Definitions:

Nuts

Plant-derived kernels rich in fats, protein, and other nutrients, typically consumed raw or roasted.

Berries

Small, juicy fruits that are typically round, brightly colored, and sweet or sour in taste.

Utility Function

A representation of how consumer satisfaction varies with the consumption of different goods or services.

Budget Constraint

A representation of all the combinations of goods and services that a consumer can afford with their income level, given the prices of these goods and services.