Use the Following Two Statements to Answer This Question

question 63

Multiple Choice

Use the following two statements to answer this question. (I) In a market system, resource prices both provide incentives for the efficient allocation of resources and determine income distribution.
(II) Income and wealth are neither created nor destroyed, they are just fixed-sized pies to be allocated among individuals.

• A) Both I and II are true.
• B) Both I and II are false.
• C) I is true; II is false.
• D) I is false; II is true.

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Definitions:

Cleavage Planes

Natural planes of weakness along which minerals preferentially break, reflecting their crystallographic structure.

Asbestos

A general name for the fibrous varieties of a number of silicate minerals whose common characteristic is that they tend to form fibers.

Silicate Structure

The arrangement of silicon and oxygen atoms that forms the backbone of most minerals in the Earth's crust.

Silicon Tetrahedron

The fundamental building block of silicate minerals, consisting of a silicon atom surrounded by four oxygen atoms in a tetrahedral shape.