In a Market System

question 118

Multiple Choice

In a market system,

• A) firm owners and employees share business risk more or less equally.
• B) a firm's employees and suppliers are largely shielded from risk, relative to business owners.
• C) employees and suppliers face the greatest risks, because firms can shut down without notice and leave them unpaid.
• D) a firm's owners are largely shielded from risk because they can walk away from the business at any time.

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Definitions:

Alimentary Canal

The whole passage along which food passes through the body from mouth to anus, including the esophagus, stomach, and intestines.

Esophagus

A muscular tube that conveys food from the pharynx to the stomach.

Trachea

A tube that connects the larynx to the bronchi, providing air flow to and from the lungs for respiration.

Esophagus

A muscular tube that connects the throat (pharynx) with the stomach, serving as a passageway for food and liquids.