Which of the Following Is NOT True About a Market-Directed

question 130

Multiple Choice

Which of the following is NOT true about a market-directed economy?

• A) Consumers enjoy maximum freedom of choice.
• B) Producers enjoy maximum freedom of choice.
• C) The interaction between consumers and producers is great.
• D) Government is responsible for setting up all marketing activities.
• E) The price of a consumer product serves as a measure of its value.

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Definitions:

Hold-Off Diaphragm

The parking brake pancake in an air brake spring brake chamber; must be actuated to release the parking brakes.

Slack Adjuster

A device in air brake systems that adjusts the brakes as they wear to maintain proper brake performance.

Slack Adjuster

A component in air brake systems for vehicles, primarily trucks and buses, that automatically adjusts the brakes as they wear to maintain proper brake performance.

Brake Torque

The force applied by the braking system to slow or stop a vehicle, typically measured in Newton meters (Nm) or foot-pounds (ft-lbs).