Which term best completes the diagram?A.Natural resourcesB.InterestC.Goods and servicesD.WagesSUBMITarrow_backPREVIOUS
Question
Which term best completes the diagram?
A. Natural resources
B. Interest
C. Goods and services
D. Wages
SUBMIT
arrow_back
PREVIOUS
Solution
To determine which term best completes the diagram, we need to analyze the context of the options provided. The answer would depend on the specific relationship or concept that the diagram is illustrating. However, without the visual context of the diagram, I can suggest a general approach:
-
Identify the Context: Understand what the diagram represents. Is it about economics, production, or resource management?
-
Analyze the Options:
- A. Natural resources: This refers to materials or components found in the environment that are used for economic gain.
- B. Interest: This generally relates to finance, specifically the cost of borrowing money or the earnings from savings.
- C. Goods and services: These are the products and actions offered to consumers, fundamental to economic activity.
- D. Wages: This is the compensation received by workers for their labor.
-
Match the Term to the Diagram: Based on how the terms relate to the concepts typically illustrated in diagrams regarding resources, production, or economic systems, you can infer which term would fit best.
In most contexts concerning economic diagrams, C. Goods and services may be the most relevant option, as it often links directly to the output of production processes that use natural resources.
Final Answer
C. Goods and services
Similar Questions
According to the von Thünen model, which of the following economic factors determine the pattern of land use shown on the diagram?
Consider the following relationship diagram and find which type of relationship it represents?
Which of the following is a resource made available to employees, in addition to salary?Question 10Select one:a.wagesb.amenitiesc.remunerationd.compensation
What do the three kinds of economic systems have in common? Refer to your completed cluster diagram.
Natural resources may be reported under either plant assets or their own separate category on the balance sheet.Group of answer choicesTrueFalse
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.