Market Efficiency Is Typically Achieved By

question 28

Multiple Choice

Market efficiency is typically achieved by:

• A) a small number of dominant firms whose large size ensures low cost.
• B) large firms that practice corporate social responsibility.
• C) competitive firms that maximize benefits for consumers.
• D) command-and-control type regulation of the market.
• E) firms that make positive economic profits.

---

Definitions:

Carbohydrates

Organic compounds consisting of carbon, hydrogen, and oxygen, serving as a major energy source in the diet of animals, including humans.

Colostomy Pouching System

A medical device used for collecting waste from the body through a surgically created opening in the abdomen.

Colon Cancer

A type of cancer that begins in the large intestine (colon), which is the final part of the digestive tract.

Colostomy

A surgical procedure that creates an opening (stoma) from the colon to the surface of the abdomen to eliminate waste.