Which of the Following Statements About Markets and Industries Is

question 68

Multiple Choice

Which of the following statements about markets and industries is TRUE?

• A) A market includes buyers but not sellers.
• B) A market includes sellers but not buyers.
• C) An industry includes buyers but not sellers.
• D) An industry includes sellers but not buyers.

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Definitions:

Obsession

An intrusive and persistent thought, idea, or image that causes significant anxiety or distress.

Compulsion

A strong, usually irresistible impulse to perform an act, especially one that is irrational or contrary to one's will.

Delusion

A false belief held with strong conviction despite superior evidence to the contrary.

Hallucination

A perception in the absence of external stimulus that has qualities of real perception, often involving seeing, hearing, or feeling something that isn't there.