When a Single Person (Or Small Group)has the Ability to Influence

question 96

Multiple Choice

When a single person (or small group) has the ability to influence market prices,there is

• A)competition.
• B)market power.
• C)an externality.
• D)a lack of property rights.

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Definitions:

Cisterna Chyli

A dilated sac at the lower end of the thoracic duct into which lymph from the intestinal trunk and two lumbar lymphatic trunks flows.

Thoracic Duct

The main lymphatic vessel that drains lymph from the lower and left side of the body into the circulatory system.

Lumbar Trunks

Large lymphatic vessels in the lumbar region of the body that drain lymph from the lower limbs, abdominal wall, and pelvic organs.

Subclavian Vein

A major vein on either side of the body that receives blood from the arm and the thorax, leading to the superior vena cava.