In theory, what are free-market economies based upon?

a. The supply of products
b. The consumption of products
c. Pure competition
d. Government policies


ANS: C
A true free-market economy only exists in theory. Pure competition should ensure that no single buyer
or seller can control or manipulate the market. Information can be found in the section Marine
Resources Are Subject to the Economic Laws of Supply and Demand.

Environmental & Atmospheric Sciences

You might also like to view...

Wildfires benefit forests in many ways. Which is NOT one of these?

a. thinning closely spaced trees b. reducing understory fuel c. permitting growth of different tree species d. permitting growth of different tree ages e. improving landscape views for inhabitants

Environmental & Atmospheric Sciences

Generally, between an advancing cold front, and a warm front farther to the east, the wind blows from the

A) south. B) north. C) west. D) northeast.

Environmental & Atmospheric Sciences

Metamorphism during orogeny includes the contact metamorphism aureole and regional metamorphism.

a. true b. false

Environmental & Atmospheric Sciences

When rubbing your hands together, you

A. cannot push harder on one hand than the other hand. B. can push harder on one hand than the other hand. C. defy the laws of physics. D. need more information

Environmental & Atmospheric Sciences