All of the Following Statements About Enzymes Are True EXCEPT

question 45

Multiple Choice

All of the following statements about enzymes are true EXCEPT

• A)the presence of enzyme speeds up chemical reactions.
• B)most enzymes are proteins.
• C)enzymes are highly specific in the reactions that they catalyze.
• D)enzymes are biological catalysts.
• E)enzymes are permanently modified by the chemical reactions in which they participate.

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Definitions:

Imperfect Information

A situation in which all parties in a transaction do not have the same information, leading to inefficiencies in markets.

Market Efficiency

The degree to which stock prices reflect all available, relevant information, making it impossible to consistently achieve higher returns on investment.

Truth-in-Advertising

Legal requirements and ethical guidelines that ensure advertising is not misleading or false, protecting consumers.

External Cost

A cost that is not borne by the producer or consumer directly involved in a transaction, but rather by a third party or society as a whole, such as pollution.