One of the Most Important Characteristics of the Price System

question 243

Multiple Choice

One of the most important characteristics of the price system is that

• A) consumers are the ones who ultimately decide what is produced.
• B) politicians are the ones who ultimately decide what is produced.
• C) competition among sellers is reduced.
• D) all exchanges are regulated by the government.

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Definitions:

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The speed at which blood moves through the vessels, which can vary depending on vessel size, blood viscosity, and cardiac output.

Cardiac

Relating to the heart and its functions or diseases.

Oscilloscope

An electronic instrument used to observe and measure varying electrical voltages in the form of a two-dimensional graph.

Electrical Wave

A form of energy wave characterized by the movement of electric charges, which can be used in various technological and medical applications.