In a Market System, Which of the Following Will Eliminate

question 58

Multiple Choice

In a market system, which of the following will eliminate high-cost producers, and allow only the low-cost producers to survive?

• A) Competition
• B) Money
• C) A sovereign government
• D) Specialization

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Definitions:

HOME Scores

A scale that measures the quality and quantity of stimulation and support available to a child in the home environment.

High Intelligence

An above-average level of cognitive ability, often characterized by exceptional problem-solving skills, learning capacity, and understanding.

Learning Environment

The physical or virtual setting and context in which learning takes place, including all relevant materials, interactions, and culture.

Number of Children

typically refers to the total count of offspring an individual or couple has.