Which of the Following Examples Best Describes the Concept of Free

question 172

Multiple Choice

Which of the following examples best describes the concept of free entry?

• A) Jack opening an account on eBay to sell his old cell phone
• B) Purecircuit Corp. wanting to expand its production and therefore doubling its annual recruitment
• C) System Corp. deciding to charge a price lower than the market price to increase its market share
• D) The government entering the market for gasoline to correct any shortage or surplus in the market

---

Definitions:

Effective

Producing the intended or desired result with efficiency.

Edit

The process of reviewing and making changes or corrections to text or media to improve clarity, quality, and accuracy.

Goal

A desired result or outcome that a person or organization aims to achieve.

Opening

The initial part or phase of something, such as an event, book, or business opportunity.