Which of the Following Is NOT a Characteristic of Markets

question 119

Multiple Choice

Which of the following is NOT a characteristic of markets?

• A)Firms decide whom to hire and what to produce.
• B)Government policies do not affect the decisions of firms and households.
• C)Households decide which firms to work for and what to buy with their incomes.
• D)Firms and households guide the decisions based on profit and self-interest.

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Definitions:

Methane

A greenhouse gas consisting of one carbon atom and four hydrogen atoms, CH4, contributing to global warming.

Methanol

A simple alcohol with the formula CH3OH, known for its use as a solvent, antifreeze, fuel, and as a precursor to other chemicals.

Carbon

A chemical element with symbol C and atomic number 6, essential to all known life and the basis for organic chemistry.

Hydrogens

A chemical element with the symbol H and atomic number 1, known as the lightest element in the periodic table.