In Economic Terms,resources That Are Not Being Used to Satisfy

question 45

Multiple Choice

In economic terms,resources that are not being used to satisfy consumer demand:

• A)are being conserved.
• B)are being wasted.
• C)can be used to preserve the environment.
• D)can be used for animal welfare.

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Definitions:

Annual Salary

The total amount of money an employee earns in one year before taxes and other deductions.

Commission Rate

The percentage of a sale price that is paid to an agent or employee for their sales efforts or services.

Stockbroker

A professional who buys and sells stocks and other securities for clients in exchange for a fee or commission.

Transaction

An agreement or communication carried out between a buyer and a seller to exchange an asset for payment.