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Which One of the Following Statements Is True

Question 41

Multiple Choice

Which one of the following statements is true?


A) Firms are markets in and of themselves.
B) Firms do not organize factors of production to produce goods and services.
C) Firms are buyers of consumer goods and services.
D) Efficient firms can eliminate scarcity.
E) Firms are often more efficient than markets as coordinators of economic activity.

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