Two Elements That Are Necessary for Cell Respiration Are

question 78

Multiple Choice

Two elements that are necessary for cell respiration are:

• A)sodium and potassium
• B)calcium and phosphorus
• C)iodine and sulfur
• D)iron and copper

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Definitions:

Consumer Surplus

The distinction between what consumers are willing and able to allocate financially for a good or service, and what they actually allocate.

Purely Competitive Market

A purely competitive market is characterized by many buyers and sellers, homogenous products, and no barriers to entry or exit, leading to price taking behavior by individuals.

Equilibrium

A state of balance where demand and supply in a market are equal, leading to a stable price.

Creative Destruction

A concept in economics that refers to the process by which new innovations trigger the demise of older technologies and economic structures, leading to economic evolution.