The Price System Features

question 144

Multiple Choice

The price system features

• A) exchanges made in currency only.
• B) voluntary exchange that makes both the consumer and producer better off.
• C) exchanges made only on a barter basis.
• D) an exchange in which consumer is made better off and the producer is made worse off.

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Definitions:

Membrane Potential

The electrical potential difference across a cell's plasma membrane, caused by the differential distribution of ions, crucial for functions such as nerve impulse transmission.

Sodium-potassium Pumps

Biological mechanism involving the active transport of sodium and potassium ions across cell membranes, essential for various cellular processes.

Charges

Financial or legal responsibilities, or in physics, the property of matter that causes it to experience a force when placed in an electromagnetic field.

Phospholipids

A class of lipids forming the major component of cell membranes, consisting of two fatty acids, glycerol, and a phosphate group.