menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Study Set 30
  4. Exam
    Exam 16: Real-World Competition and Technology
  5. Question
    How Do You Know That Firms Benefit Society
Solved

How Do You Know That Firms Benefit Society

Question 15

Question 15

Multiple Choice

How do you know that firms benefit society?


A) Entrepreneurs start businesses.
B) Firms earn profits and produce goods.
C) Firms pay taxes and employ people.
D) Customers voluntarily pay for their products.

Correct Answer:

verifed

Verified

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

Related Questions

Q10: According to the author of your textbook,

Q11: What controls the price that natural monopolies

Q12: The fact that U.S. managers' salaries are

Q13: Consumers tend to accept the market restrictions

Q14: Competition is best seen as a process.

Q16: The majority of large corporations are directly

Q17: Potential profits encourage new firms to try

Q18: Suppose a lazy monopolist's fixed costs are

Q19: Opening an industry to international competition tends

Q20: The cost of dispensing fluoxetine (the generic

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