A Visual Learner

question 21

Multiple Choice

A visual learner

• A)learns by retaining information from reading and seeing diagrams.
• B)has a preference for doing things and learning by trial and error.
• C)learns best based upon the circumstances of the situation.
• D)learns primarily by listening to others.

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Definitions:

Goods And Services

Goods and services constitute the output of an economy, where goods are tangible products and services are intangible activities that provide value to consumers.

Scarcity

The limited nature of society’s resources.

Trade-Offs

Situations where having more of one thing necessarily means having less of another because of limited resources.

Allocate

The process of distributing resources or goods among various uses or individuals based on specific criteria, such as need or merit.