For a Market to Exist

question 123

Multiple Choice

For a market to exist:

• A) private property rights must be allocated and defended by government.
• B) government must guarantee equal treatment for all.
• C) individuals must be concerned with the social good.
• D) everyone must have identical wants and desires.

---

Definitions:

Nucleotide

A nucleotide is the structural unit that links together to form DNA (and RNA). Each nucleotide includes a sugar (like deoxyribose or ribose) and a base.

DNA

Deoxyribonucleic acid, a molecule that carries the genetic instructions used in the growth, development, functioning, and reproduction of all known living organisms and many viruses.

RNA

Ribonucleic acid, a nucleic acid present in all living cells that acts as a messenger carrying instructions from DNA for controlling the synthesis of proteins.

Point Mutations

Genetic alterations caused by the change of a single nucleotide base in the DNA sequence.