In a Free-Market Economy That Is Continually Adjusting Toward Equilibrium,a

question 13

Multiple Choice

In a free-market economy that is continually adjusting toward equilibrium,a primary force driving this adjustment is

• A)opportunity costs.
• B)diminishing returns.
• C)the pursuit of allocative efficiency.
• D)the scarcity of resources.
• E)the pursuit of profits.

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Definitions:

Hepaticophyta

A division of non-vascular plants known as liverworts, which are small, herbaceous plants found worldwide, playing a key role in the ecology of moist habitats.

Anthocerophyta

A phylum of non-vascular plants known as hornworts, characterized by a sporophyte that resembles a horn.

Ferns

A group of non-flowering vascular plants that reproduce via spores and have neither seeds nor flowers.

Bryophyta

A division of non-vascular land plants that are known as mosses, characterized by life-cycles with a dominant gametophyte stage.