An Advertisement Shows a Group of Boys Playing Soccer on a Hot

question 134

Multiple Choice

An advertisement shows a group of boys playing soccer on a hot day.When they take a break,the boys runs to a cooler to find something to quench their thirst.Inside the cooler are water bottles,cans of soda,fruit juices,and Gatorade.Immediately,the boys fight over the Gatorade showing that it is clearly the best choice.In this ad,liquid refreshment represents a _____,and Gatorade represents a _____.

• A)craving;preference
• B)want;need
• C)craving;need
• D)need;want
• E)want;preference

---

Definitions:

Electric Utility

Businesses involved in the production, conveyance, and distribution of electric power to end users and commercial entities.

Gas Utility

Companies that provide natural gas services to residential, commercial, and industrial customers.

Market Structure

The competitive environment characterizing a market, determined by the number of firms, product differentiation, and ease of entry and exit.

Agricultural Products

Goods derived from agriculture including crops, livestock, and products directly obtained from farming activities.