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The answer provided, "cross-price elasticity", is incorrect. Elasticity refers more broadly to the responsiveness of demand or supply to changes in their determinants. Cross-price elasticity specifically measures the responsiveness of the quantity demanded of one good to a change in the price of another good. A better answer here would be simply "elasticity".
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0% found this document useful (0 votes)
84 views

Work Immersion

The answer provided, "cross-price elasticity", is incorrect. Elasticity refers more broadly to the responsiveness of demand or supply to changes in their determinants. Cross-price elasticity specifically measures the responsiveness of the quantity demanded of one good to a change in the price of another good. A better answer here would be simply "elasticity".
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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This is a difficult stroke and NOT recommended for beginners because it requires perfect timing and a

good deal of strength.


Butterfly

It is an acronym for Self – Contained Underwater Breathing Apparatus.


Scuba

Is a big help in keeping hair out of the snorkel and the face as
well. swimming cap

This is a small valve just lower than the mouth that empties the collected water that
comes down the tube when one blows it out.
purge valve

Similar to the freestyle in that you use an alternate windmill arm stroke and
flutter kick Backstroke

Have a single, full blade while the split fin is “semi-parted ” in the web, separating the
blade
into two long, stiff
blades. paddle-bladed
fins

Is a geographic term that describes the amount of open water over which a wind has
blown. Fetch

Is the study of water in


motion. Hydrodynamics

Helps prevent the mask from fogging


up. mask defogger

To jump into water with your arms and head going in


first. Dives

Is a movement through water using one’s limbs and usually without artificial
apparatus. Swimming

It is originated from the arib word “kenu” which means


dugout. Canoe

An aspect of swimming that involves a swimmer staying in a vertical position a vertical


position in the water while keeping his or her head above the surface of the water.
Water Treading
Can predict both elements of swells—offshore storm systems and the length of a
wind’s fetch.
Weather forecasting
They are easy to use, more flexible, and more efficient while swimming on the
surface. full-foot fins

This is a difficult stroke and not one to choose if you’re just learning how
to swim. Breastroke

“Pack it in pack it out” means everything you brought should be brought back
with you
including left-over food or fruit peel. Nothing should be
left. True

Peeking through life underneath water by swimming with the aid of a snorkel and
mask. What do you call this activity?
Snorkeling

A special valve on top of the tube that completely stops water (and air) from
entering the tube when a wave comes or when diving underwater.
dry valve

He developed an improved diving


bell. Edmund Halley

Racing is a lengthy race down a river using the kayak or


canoe Marathon

Is the upward force of the water on an object. This is the reason why boats and
people float on water.
Buoyancy

when trekking, maps and compass must be used to avoid markings or leaving of
marks on rocks and the like.
True

Can help predict how strong a storm is as it approaches lanMost storm systems
that form far out to sea never reach land with much strength.
Swells

Provides the needed light as it can be dark


underwater. Dive Lights
Question text
Which of the following is a factor of production?

Select one:
a. The profit declared by a company in its annual report
b. The taxes paid to the government 
c. The payment of interest on a bank loan
d. The skill of the managers of a business
Feedback
Your answer is incorrect.
The correct answer is: The skill of the managers of a business

BILLY JAMES FELISILDA

11:40
When graphing supply and demand, price is always on which axis

Select one:
a. Horizontal
b. Vertical 
Feedback
Your answer is correct.
The correct answer is: Vertical
Question 2
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Question text
The Law of Supply states:

Select one:
a. as prices decrease, supply increases
b. as price decreases, quantity demanded decreases
c. as price increases, supply increases
d. as price increases, quantity demanded decreases 
Feedback
Your answer is incorrect.
The correct answer is: as price increases, supply increases
Question 3
Correct
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Question text
The supply curve always slopes in what direction?

Select one:
a. Up 
b. Down
Feedback
Your answer is correct.
The correct answer is: Up
Question 4
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Question text
Which of the following is not a component of demand?

Select one:
a. Desire
b. Surplus 
c. Ability
d. Willingness
Feedback
Your answer is correct.
The correct answer is: Surplus
Question 5
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Question text
Which of the following is not a component of Demand?

Select one:
a. Ability
b. Desire
c. Surplus 
d. Willingness
Feedback
Your answer is correct.
The correct answer is: Surplus

BILLY JAMES FELISILDA

11:45
The state of balance when demand is equal to supply.

Answer: 
Equilibrium
Feedback
The correct answer is: Equilibrium
Question 2
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Question text
Which one of the following is the best explanation of market equilibrium?

Select one:
a. Where price equals supply
b. Where markets for goods equal markets for services
c. Where market supply equals market demand 
d. Where price equals demand
Feedback
Your answer is correct.
The correct answer is: Where market supply equals market demand
Question 3
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Question text
A table showing how much of a good or service consumers will want to buy at different
prices

Answer: 
SUPPLY
Feedback
The correct answer is: Demand Schedule
Question 4
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Question text
shortages occur when the quantity demanded exceeds the quantity supplied. When the
market price is held below the equilibrium price.

Select one:
a. Substitute
b. Shortage 
c. Demand Schedule
d. Normal Goods
Feedback
Your answer is correct.
The correct answer is: Shortage
Question 5
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Question text
The actual amount of a good or service people are willing to sell at some specific price.

Select one:
a. Quantity Supplied
b. Positive Economics
c. Supply Schedule 
d. Demand Schedule
Feedback
Your answer is incorrect.
The correct answer is: Quantity Supplied
11:58
It is the measure of how much buyers and sellers
respond to changes in market conditions.

Answer: 
cross-price elasticity
Feedback
The correct answer is: Elasticity
Question 2

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