A Situation in Which a Market Economy Leads to Too

question 28

Multiple Choice

A situation in which a market economy leads to too few or too many resources going to a particular economic activity is known as

• A) competition.
• B) excessive competition.
• C) destructive competition.
• D) a market failure.

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Definitions:

Pallor

An unusual lightness of skin coloration, often indicating illness or shock.

Congestive Heart Failure

A chronic condition in which the heart is unable to pump blood effectively, leading to symptoms like shortness of breath and swelling in legs.

Leukemia

A type of cancer of the blood or bone marrow characterized by an abnormal increase in white blood cells.

Skeletal

Pertaining to the skeleton or bony structure; also to the muscles attached to the skeleton to permit movement.