A firm in a market economy must do all of the following to succeed except

A) produce the goods and services that consumers want at a lower cost than consumers themselves can produce.
B) organize the factors of production into a functioning, efficient unit.
C) have access to sufficient funds.
D) be organized as a corporation.


Answer: D

Economics

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A. +20% B. +16% C. -16% D. -20%

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What is the difference between decreasing marginal returns and negative marginal returns?

What will be an ideal response?

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Which of the following would most likely induce the Federal Reserve to conduct expansionary monetary policy? A significant decrease in

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Price level changes have their greatest effect on consumers'

a. income. b. wealth. c. debt. d. expectations.

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