Which of the Following Is True of a Freely Functioning

question 92

Multiple Choice

Which of the following is true of a freely functioning market?

• A)Markets lead to morally correct outcomes.
• B)Market allocation leads to the most equitable distribution of resources.
• C)Market outcomes are decided by firms.
• D)Markets move resources to where they are least valued.
• E)Markets do not allow obsolescence and inefficiency to thrive.

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Definitions:

Systemic Capillaries

Microscopic blood vessels where exchange of gases, nutrients, and waste products occurs between the blood and tissues throughout the body.

Ventilations

The movement of air between the environment and the lungs via inhalation and exhalation, used in respiratory processes.

Respiratory Center

Group of nerve cells in the medulla oblongata that sends out nerve impulses on a rhythmic basis, resulting in involuntary inspiration on an ongoing basis.

Intercostal Nerves

Nerves located between the ribs that play a role in the respiratory process by controlling the muscles of the chest wall.