Which of the Following BEST Describes Competition

question 41

Multiple Choice

Which of the following BEST describes competition?

• A) Two or more companies compete with one another for greater federal, state, and local subsidies.
• B) Two or more companies compete with one another to attract customers and gain an advantage.
• C) Two or more companies compete with one another to maintain a monopoly.
• D) Two or more companies complete with one another to influence trade policy.
• E) Two or more companies compete with one another to limit the variety of goods and services.

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Definitions:

Valence Shells

The outermost shell of an atom that contains the electrons involved in forming bonds.

Noble Gas Elements

Elements in group 18 of the periodic table, known for their lack of reactivity due to having full valence electron shells.

Electrons

Negatively charged subatomic particles found in all atoms, orbiting the nucleus and involved in chemical bonds and electricity.

Octet Rule

A chemical rule of thumb that atoms of main-group elements tend to combine in such a way that each atom has eight electrons in its valence shell, giving it the same electron configuration as a noble gas.