Milton and His Boss Daniel Are in the Process of Setting

question 72

Multiple Choice

Milton and his boss Daniel are in the process of setting Milton's sales goal for the coming year. If Milton meets his goal, he will earn a bonus. If he fails to meet his goal, he will have to add more clients to his client base. In this example, what is the antecedent?

• A) Milton's boss, Daniel
• B) Milton's sales goal
• C) the bonus Milton can receive
• D) the clients Milton might have to add to his client base

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Definitions:

Elasticity of Demand

A measure of how much the quantity demanded of a good responds to a change in the price of that good, with all other factors being held constant.

Immigration

The act of moving to a new country or region with the intention of settling there.

Wage Earnings

Income received by an individual in return for labor or services performed, usually calculated on an hourly, daily, or piecework basis.

Remittances

Money sent by migrants to their home country or region, usually to family members, contributing significantly to the economy of the recipient area.