Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

match these items. match the items in the left column to the items in t…

Question

match these items. match the items in the left column to the items in the right column.

  1. consumer
  2. demand
  3. fad
  4. investment
  5. return

goods and services that become popular very quickly and then lose their popularity very fast
money earned on an investment.
person whose economic wants are satisfied by using goods and services
something that people put their money into because they hope to make more money in the future
the willingness and ability of consumers to buy a good or service

Explanation:

Brief Explanations
  1. A "consumer" is defined as a person whose economic wants are satisfied by using goods and services. So 1 matches with "person whose economic wants are satisfied by using goods and services".
  2. "Demand" in economics refers to the willingness and ability of consumers to buy a good or service. So 2 matches with "the willingness and ability of consumers to buy a good or service".
  3. A "fad" is goods and services that become popular very quickly and then lose their popularity very fast. So 3 matches with "goods and services that become popular very quickly and then lose their popularity very fast".
  4. An "investment" is something that people put their money into because they hope to make more money in the future. So 4 matches with "something that people put their money into because they hope to make more money in the future".
  5. "Return" on an investment is the money earned on an investment. So 5 matches with "money earned on an investment".

Answer:

  1. consumer - person whose economic wants are satisfied by using goods and services
  2. demand - the willingness and ability of consumers to buy a good or service
  3. fad - goods and services that become popular very quickly and then lose their popularity very fast
  4. investment - something that people put their money into because they hope to make more money in the future
  5. return - money earned on an investment