Multiple Choice
Competitive markets usually promote the efficient use of resources.This is because:
A) resource owners bear the wealth effects of their decisions.
B) managers always have the proper incentives to make decisions.
C) consumers price makers
D) markets usually make equitable choices first.
Correct Answer:

Verified
Correct Answer:
Verified
Q8: One important lesson to keep in mind
Q9: Fred Powell,the CEO of TruLite,is in a
Q10: For benchmarking,the architecture of other firms should
Q11: Which of the following is not an
Q12: A significant feature of the price system
Q14: FedEx employees use the motto "Absolutely,Positively" to
Q15: Benchmarking occurs when a firm:<br>A)compares its performance
Q16: How is the architecture within firms usually
Q17: W.Edwards Deming,the quality expert,has hinted that incentive
Q18: A household-products manufacturing firm was required to