The Exosystem Includes:​

question 35

Multiple Choice

The exosystem includes:​

• A)communications created by word-of-mouth,cell phones,and local newspapers.
• B)​timelines for easing or exacerbating the crisis.
• C)​the community and even state or regional entities.
• D)federal agencies such as NIMH and FEMA.

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Definitions:

Inefficiency

The state of not achieving maximum productivity or economic benefit, where resources are not used in the most effective way.

Market

Any structured system or venue where parties engage in exchange of goods, services, or information.

Price Ceiling

A legally established maximum price that can be charged for a good or service, intended to protect consumers from high prices.

Quantity Supplied

The amount of a good or service that producers are willing and able to sell at a given price.