menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Microeconomics
  4. Exam
    Exam 1: The Scope and Method of Economics
  5. Question
    ________ Market Is Characterized by the Fact That Profit Opportunities
Solved

________ Market Is Characterized by the Fact That Profit Opportunities

Question 18

Question 18

Multiple Choice

________ market is characterized by the fact that profit opportunities are eliminated almost instantaneously.


A) An inefficient
B) An efficient
C) A government-controlled
D) A command

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q13: Normative economics looks at outcomes of economic

Q14: There is a high correlation between the

Q15: The collection and use of data to

Q16: Related to the Economics in Practice on

Q17: The common way of expressing the efficient

Q19: Refer to the information provided in Figure

Q20: Refer to Scenario 1.2 below to answer

Q21: Many economists argue that items such as

Q22: Refer to the information provided in Figure

Q23: Which of the following is a question

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines