Which of the Following Statements About Markets Is True

question 49

Multiple Choice

Which of the following statements about markets is true?

• A)Markets reduce the opportunity costs of making exchanges.
• B)Markets expand the range of buyers and sellers available as counterparties.
• C)Markets increase the transaction costs of making exchanges.
• D)Markets increase the costs of information.

---

Definitions:

Defense Line Buffer

A term in nursing referring to mechanisms or strategies that protect individuals from health stressors or help in maintaining stability during health challenges.

Flexible Line

A concept or tool that can be adapted or adjusted to meet various needs or purposes, often used in creative or strategic thinking.

Stressor Defense Line

Theoretical lines of defense that individuals or systems employ to protect against stressors and maintain stability.

Adaptation Model

A framework that suggests individuals strive to maintain balance in their environment by adjusting to changes and stressors.