What Is an Ion

question 6

Multiple Choice

What is an ion?

• A)An atom that has more or fewer protons than it should
• B)An atom that has more or fewer neutrons than it should
• C)An atom that has more or fewer electrons than it should

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Definitions:

Competitive Markets

Markets characterized by a large number of buyers and sellers, where no single entity can influence prices significantly.

Government Intervention

Actions taken by the government to influence or directly regulate economic activity, markets, or distribution of resources.

Price Ceiling

A legal maximum on the price at which a good can be sold.

Producer Surplus

The difference between what producers are willing to sell a good for and the actual price they receive.