Multiple Choice
Which statement about markets is TRUE?
A) They always operate efficiently.
B) They bring buyers and sellers together.
C) Profits are never an effective discipline on the market.
D) Markets need to always be controlled by the government.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q10: Supply and demand analysis is used<br>A) only
Q47: A rich person does not experience scarcity.
Q56: The concept of scarcity implies that people
Q126: Which paired variables might indicate a correlation
Q143: When goods are produced at the lowest
Q154: Which example represents a bad incentive?<br>A) charging
Q160: (Figure: Crop Yield and Fertilizer) The graph
Q168: (Figure: Graph Interpretation) In the graph, _
Q169: John chose to buy a pizza. If
Q210: If variable X rises as variable Q