Which of the Following Statements Describe a Compound

question 9

Multiple Choice

Which of the following statements describe a compound?

• A) A compound is a pure substance.
• B) A compound obeys the law of constant composition.
• C) both a and b
• D) neither a nor b

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Definitions:

Similar Product

A product that serves the same purpose or functions in a similar manner to another product, often considered to be a competitor.

Oligopoly

A market structure characterized by a few firms dominating the industry, leading to limited competition.

Industry Sales

The total volume of sales made by all businesses within a specific industry.

Monopoly

A market structure characterized by a single seller who controls all the supply of a particular good or service, and where entry of new competitors is obstructed.