Real-Life Examples of Competitive Markets

question 29

Multiple Choice

Real-life examples of competitive markets

• A) are more common than any other market structure.
• B) are usually far short of perfection.
• C) include the fast-food industry and soda industry.
• D) are difficult to break into as an entrepreneur.
• E) do not benefit society.

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Definitions:

Mesothelium

A simple squamous epithelium that lines the major cavities of the body and covers the surface of internal organs.

Visceral

Relating to the internal organs of the body, especially those within the chest or abdomen.

Parietal

Relating to the walls of a cavity or part, often used in reference to a region of the brain or bones of the skull.

Pseudostratified Ciliated Columnar

A type of epithelial tissue lining some air passages of the respiratory system, characterized by a single layer of cells with varying heights that appear stratified.