If Output of a Good or Service Is Zero in a Market

question 81

Multiple Choice

If output of a good or service is zero in a market system,then we know that

• A)the market system has failed.
• B)the government must be preventing the production and sale of the good.
• C)the good is a demerit good.
• D)the lowest cost of producing the good is greater than the highest price consumers are willing and able to pay.

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Definitions:

Thymine

A nitrogenous base found in DNA, paired with adenine, and is one of the four nucleotide bases in DNA.

Nucleosomes

Fundamental subunits of chromatin, composed of a segment of DNA wound around a core of histone proteins, facilitating DNA packing in the cell nucleus.

Histones

Proteins that package and order DNA into structural units called nucleosomes, playing key roles in gene regulation.

Purine

A type of nitrogenous base found in DNA and RNA, including adenine and guanine, which pairs with pyrimidine bases in the genetic code.