Which of the Following Is Not a Characteristic of Capitalism

question 55

Multiple Choice

Which of the following is not a characteristic of capitalism?

• A) Private ownership of the factors of production.
• B) Businesses make their own product and price decisions.
• C) Public ownership of the factors of production.
• D) Decentralized decision-making using markets.

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Definitions:

Coefficient Of Determination

A statistical measure represented by \(R^2\) that indicates the proportion of the variance in the dependent variable that is predictable from the independent variable(s).

Coefficient Of Correlation

A statistical measure that calculates the strength and direction of the linear relationship between two variables on a scatter plot.

Wet Mount

A technique for preparing specimens on a microscope slide using a drop of liquid to keep the sample alive or to enhance optical properties.

Iris Diaphragm

A component of optical devices, such as microscopes and cameras, that can adjust the size of the aperture to control the amount of light that passes through the lens.