Without Market Coordination

question 18

Multiple Choice

Without market coordination,

• A)prices are entirely ignored.
• B)only that which is good for a society as a whole is produced.
• C)it is difficult for individuals to communicate costs and benefits.
• D)money is not used.
• E)self-interest ceases to be a motivating factor.

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Definitions:

Geologic Timescale

A dating system used chronologically by geologists and other scientists to detail the timing and relationships of historical events on Earth.

Unconformity

A geological feature that represents a gap in the geological record, marking a period where deposition stopped, eroded, then resumed.

Mesozoic

A geological era that spanned from about 252 to 66 million years ago, including the Triassic, Jurassic, and Cretaceous periods.

Geologic Timescale

A system of chronological measurement that describes the timing and relationships between events that have occurred throughout Earth's history.