When a Single Person (Or Small Group)has the Ability to Influence

question 96

Multiple Choice

When a single person (or small group) has the ability to influence market prices,there is

• A)competition.
• B)market power.
• C)an externality.
• D)a lack of property rights.

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Definitions:

Karyotype

The array of chromosomes found inside a single cell.

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The structures made of DNA and protein found in the nucleus of cells, containing genes that determine hereditary characteristics.

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A severe form of malaria caused by the parasite Plasmodium falciparum, known for its high mortality rate if left untreated.