Which of the Following Statements Is True

question 100

Multiple Choice

Which of the following statements is true?

• A) In both black markets and legal markets, supply and demand determine price.
• B) The quality of products sold in black markets and legal markets are similar.
• C) The price of products in black markets tends to be the same as those in legal markets for otherwise identical products.
• D) The rate of violence is similar in black markets and legal markets.

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Definitions:

Percentage Changes

Percentage changes quantify the relative difference between two values as a percent, serving as a useful measure to describe growth, decline, or variation over time.

Text Tabulations

The arrangement of data in tables or lists that makes information easier to read and understand.

General-purpose Tables

Tables designed for wide-ranging uses or functions, rather than being specialized for a particular type of data or analysis.

Column Heads

Column heads are the titles or headings used at the top of columns in tables or spreadsheets to denote the content or category of the information listed below them.