Which of the Following Statements Is True of Trade Organizations?​

question 38

Multiple Choice

Which of the following statements is true of trade organizations?​ 

• A) They seek policies that harm other organizations instead of policies that benefit their own. 
• B) They usually support policies that benefit specific industries.​ 
• C) They are formed with the goal of working for the public good.​ 
• D) They represent the people over the age of sixteen who are working.​ 
• E) They are formed with the main purpose of protecting consumer rights.​

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Definitions:

Motorcycles

Two-wheeled motor vehicles that are often used for transportation, recreation, or sport, known for their maneuverability and speed.

Hybrid Cars

Vehicles powered by a combination of an internal combustion engine and one or more electric motors, using energy stored in batteries.

Opportunity Cost

Opportunity Cost is the value of the next best alternative foregone as the result of making a decision.

Production Possibility Frontier

A curve depicting all maximum output possibilities for two goods, given a set of inputs consisting of resources and other factors.