Which One of the Following Is the Best Classification of Chewing

question 26

Multiple Choice

Which one of the following is the best classification of chewing gum?

• A) fibers
• B) elastomers
• C) plasticizers
• D) thermoplastics
• E) thermosetting resins

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Definitions:

Consumer Surplus

The variance between the total price consumers are willing to pay for a good or service and the actual price they pay.

Benefit

An advantage, gain, or positive outcome derived from a specific action, policy, or product.

Buyers

Entities or individuals who purchase goods or services for personal use, consumption, or investment.

Producer Surplus

The difference between the amount sellers are willing to accept for a good or service and the actual amount they receive in the market.