If There Are No Unexploited Opportunities for Individuals in a Particular

question 98

Multiple Choice

If there are no unexploited opportunities for individuals in a particular market, then one can conclude that:

• A)government regulation has been successful.
• B)the market is in equilibrium.
• C)the market is not in equilibrium.
• D)a socially optimal outcome has been achieved.

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Definitions:

Specific Trait

A distinct characteristic or quality that can be attributed to an individual organism, often used in genetics and psychology.

Genetic Mutations

Changes or alterations in the DNA sequence of an organism that can lead to variations in physical appearance, function, or health.

Environmental Pollutants

Substances introduced into the environment that can cause harm or discomfort to organisms, including humans.

Sickle-cell Gene

A genetic variant that affects the shape of red blood cells, causing them to assume a sickle shape, which can lead to various health complications.