______ Are the Major Sources of Energy in Our Diets

question 348

Multiple Choice

______ are the major sources of energy in our diets.

• A) Hydrocarbons
• B) Proteins
• C) Bicarbonates
• D) Carbohydrates

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Definitions:

Purely Competitive

A purely competitive market is one in which there are many buyers and sellers, all trading homogeneous products, with no single entity able to control the market price.

Market

A virtual or physical place where buyers and sellers come together to trade goods, services, or financial instruments.

Allocative Efficiency

A state of the economy in which resources are allocated in a way that maximizes the overall benefit to society, with goods and services produced at their highest-valued uses.

Purely Competitive

A market format where numerous small companies offer an identical product with no barriers to entering or leaving the market, resulting in firms accepting the market price as given.