Which of the Following Statements Is TRUE

question 61

Multiple Choice

Which of the following statements is TRUE?

• A) It is easier to practice arbitrage for services than for goods.
• B) A monopolist prefers markets that are not segmented.
• C) The government requires that ethanol fuel be poisoned to prevent arbitrage.
• D) Arbitrage is the practice of buying products on credit.

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Definitions:

Scramble Competition

See Exploitation Competition.

Intraspecific

Pertaining to interactions or relationships occurring within the same species, such as competition or mating.

Negative Feedback

A regulatory mechanism in which a stimulus causes an opposite output in order to maintain an optimal level of whatever is being regulated.

Density Dependent

Factors whose effects on the size or growth of the population vary with the population density.