Consumers Can Choose from Hundreds of Different Kinds and Producers

question 88

Multiple Choice

Consumers can choose from hundreds of different kinds and producers of cheese,each with a slightly different flavor and texture.This type of market structure is known as _____.

• A)pure competition
• B)monopolistic competition
• C)a monopoly
• D)an oligopoly

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Definitions:

Insulin

A hormone produced by the pancreas that allows your body to use sugar (glucose) from carbohydrates in the food for energy or to store glucose for future use.

Type 1 Diabetes

An autoimmune condition in which the pancreas produces little to no insulin, resulting in high blood sugar levels, and necessitates lifelong insulin use.

Hypoglycemia

A condition characterized by abnormally low levels of glucose (sugar) in the blood.

Gestational

Pertaining to pregnancy or the period of gestation where changes can occur affecting the health of both the mother and the unborn baby.