Multiple Choice
Which statement is NOT a reason that markets usually lead to efficiency?
A) People are naturally efficient.
B) Individuals have incentives to offer what people want.
C) Trade encourages efficiency.
D) Inefficient firms will lose business.
Correct Answer:

Verified
Correct Answer:
Verified
Q32: An economy is efficient when:<br>A)the problem of
Q33: A new fast-food restaurant offered a prize-a
Q34: For which decision would marginal analysis be
Q35: Beth promises to do Alice's taxes,and in
Q36: The concept of the margin decision deals
Q38: An economy is efficient if one person
Q39: Specialization and trade should NOT lead to:<br>A)individuals
Q40: Economists tend to believe that to change
Q41: When the nations that constitute the Organization
Q42: Manny is attending college and majoring in