OPEC Is an Example of a

question 54

Multiple Choice

OPEC is an example of a

• A)perfect competitor.
• B)natural monopolist.
• C)complete competitor.
• D)cartel (though an imperfect example).

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Definitions:

Intellectual Disability

A condition characterized by significant limitations both in intellectual functioning and in adaptive behavior, which covers many everyday social and practical skills.

Academic Skills

Abilities and competencies associated with learning and academic performance, such as writing, reading, and mathematical aptitude.

Moderate Disability

A level of disability in which individuals experience notable difficulty in one or more major life activities, but can still function with some independence.

IQ Score

A numerical measure of a person's cognitive abilities relative to the population, based on standardized tests.