Recognition is the measure of memory used on a test that requires matching terms with correct definitions.
Let's look at the meaning of the four terms:
opportunity cost - this is a cost of an option not chosen, upon the choise of some option.
surplus - this is a situation where more goods are offered than are needed
<span>shortage - t</span><span>his is a situation where less goods are offered than are needed
price fixing
- this is an agreement between competitors to not lower a prize for a certain product.
So the correct answer is surplus!
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48% of people pay less than $500 for book formatting. 30% of people pay $500-$1,000 for book formatting. 10% of people pay $1,000-$1,500 for book formatting. 12% of people pay $1,500+ for book formatting
so around $500
I think it helped them become more independent and get ready for other wars, but it also caused other problems as well.
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