Which of the Following Statements Is Incorrect

question 135

Multiple Choice

Which of the following statements is incorrect?

• A)The human body is made up of about 99% carbon, hydrogen, and oxygen.
• B)Essential minerals come from the foods we eat and drink.
• C)Most of the essential minerals in our diet are classified as metals on the periodic table.
• D)Minerals are necessary for the growth and production of bones, teeth, blood, etc.
• E)Magnesium is a building-block for hemoglobin, which carries oxygen in our blood.

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Definitions:

Easy Entry And Exit

Describes a market condition where firms can freely enter or exit the market without facing significant barriers.

Monopolistically Competitive

A market structure where many companies sell products that are similar but not identical, allowing for some degree of market power and product differentiation.

Monopolistically Competitive

Refers to a market structure where many firms sell products that are similar but not identical, leading to competition based on product differentiation.

Barriers To Entry

Economic, procedural, or regulatory obstacles that prevent new competitors from easily entering an industry or area of business.