Multiple Choice
Private ownership differs from state ownership in that in private ownership _____.
A) maximizing profits is the primary objective of a firm
B) protecting jobs and minimizing social unrest is the primary objective of a firm
C) establishing a firm is determined by government officials and bureaucrats
D) failing firms deemed too big to fail may be supported by taxpayer money indefinitely
Correct Answer:
Verified
Correct Answer:
Verified
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