How Does a Market System Prevent People from Getting as Many

question 196

Multiple Choice

How does a market system prevent people from getting as many goods and services as they wish?

• A)Governments interfere with the market mechanism to influence the allocation of goods and services.
• B)In a market system,firms can charge any price they want,thus preventing poor people from getting as many goods and services as they wish.
• C)The market system allocates goods and services to those who are able to pay for those products and therefore income is a limiting factor.
• D)The government imposes taxes on those who earn beyond a certain amount of income.

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Definitions:

Perceiving

The process of becoming aware of something through the senses, a fundamental aspect of human cognition and experience.

Cue

A signal or prompt that influences behavior or evokes a specific response in classical or operant conditioning.

Visual Cliff

An experimental setup used to measure infants' perception of depth and their understanding of fear of heights.

Depth Perception

The ability of the visual system to interpret distance or depth of objects in one's field of view.