Which of the Following Is Not an Example of a Market

question 15

Multiple Choice

Which of the following is not an example of a market?

• A)A small town has only one seller of electricity.
• B)In the United States,a sick person cannot legally purchase a kidney.
• C)In Florida,there are many buyers and sellers of key lime pie.
• D)The availability of Internet shopping has expanded the clothing choices for buyers who do not live near large cities.

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Definitions:

Competition Act

Legislation aimed at promoting fair business practices, preventing anti-competitive behavior, and regulating mergers to ensure a competitive market environment.

Misleading Advertising

Promotional material that deceives or misinforms consumers, either intentionally or unintentionally.

Competition Tribunal

A specialized court or body that adjudicates issues related to competition law, ensuring fair competition among businesses.