-In a Free Market System, Competition Generates Economic Efficiency Only

Multiple Choice

-In a free market system, competition generates economic efficiency only when

A) individuals take into account the full opportunity cost of their actions.
B) consumers are motivated by a sense of the greater good, not their own self-interest.
C) firms are motivated by a sense of the greater good, not their desire for profit.
D) economic decisions are taken out the hands of individuals and placed in the hands of government officials.