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Custom Quilters Makes Decorative Comforters,quilted Garments,and Other Products in a Small

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Custom Quilters makes decorative comforters,quilted garments,and other products in a small sewing factory.During the upcoming,the company expects to make 2,000 comforters.With respect to the comforters how would the fabric used to make the comforters be classified?


Definitions:

Human Wants

The desires and needs of individuals for goods, services, and other intangibles that lead to satisfaction.

Opportunity Cost

The toll taken for not picking the second highest preference when decisions are formulated.

Tax Cut

A reduction in the amount of taxes imposed by the government, which can affect individuals, corporations, or specific sectors.

State Expenditures

The total spending by state governments on various public services, infrastructure, education, and welfare programs.

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