Which of the Following Changes Will Not Affect the Market

question 278

Multiple Choice

Which of the following changes will not affect the market supply or the market demand in a purely competitive industry?

• A)a change in fixed costs
• B)a change in the number of buyers
• C)a change in marginal costs
• D)a change in the number of firms

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Definitions:

Organic Compounds

Organic compounds are chemicals that contain carbon atoms bonded to other elements, primarily hydrogen, and are found in all living organisms.

Organic Compounds

Chemical compounds containing carbon atoms bonded to hydrogen atoms, often along with other elements, essential for life on Earth.

Miller And Urey

Scientists who conducted an experiment in the 1950s demonstrating how organic compounds necessary for life could have arisen from inorganic compounds under early Earth conditions.

Genetic Material

The biological macromolecules or substances in cells that carry genetic information, typically DNA or RNA, essential for inheritance and controlling cell function.