For Each of the Following Sentences, Select the Correct Word

question 13

Multiple Choice

For each of the following sentences, select the correct word in the parentheses.
-The marketing department decided (on, for) a new logo for the company.

• A) on
• B) for

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Definitions:

Rents

Payments made for the use of property or land. In economics, it can also refer to income derived from the ownership of scarce resources.

Law Of Supply

A principle stating that, all else being equal, an increase in price results in an increase in quantity supplied.

Law Of Demand

The economic principle that, all else equal, an increase in the price of a good will decrease the quantity demanded, and conversely, a decrease in price will increase the quantity demanded.

Quantity

The amount or number of a material or immaterial entity that is measureable.