Which of the Following Is Not an Example of a Market

question 15

Multiple Choice

Which of the following is not an example of a market?

• A)A small town has only one seller of electricity.
• B)In the United States,a sick person cannot legally purchase a kidney.
• C)In Florida,there are many buyers and sellers of key lime pie.
• D)The availability of Internet shopping has expanded the clothing choices for buyers who do not live near large cities.

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Definitions:

Efficiently

The method of achieving a goal or completing a task with the least waste of time and effort.

Assets

Economic resources owned by a business or individual that have value and can be used to meet debts, commitments, or legacies.

Debt Ratio

A financial ratio that measures the extent of a company’s leverage by comparing total liabilities to total assets.

Borrowed Funds

Money obtained through loans or credit arrangements, which is expected to be repaid with interest.