Efficiency comes about in perfectly competitive free markets when:
a. Firms are motivated to invest resources in industries with a high consumerdemand and move away from industries where demand is low
b. Firms are encouraged firms to minimize the resources they consume to produce acommodity and to use the most efficient technologies.
c. Commodities are distributed among buyers such that buyers receive the mostsatisfying commodities they can purchase, given what is available to them and
the amount they have to spend.
d. All the above
e. A & B
D
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a. Herod the Great b. Pontius Pilate c. Caesar Augustus d. Judge Judy
A valid argument can have true premises and a false conclusion
Indicate whether the statement is true or false.
From whom was the view that no man can be happy until he is dead derived?
A) Cicero B) Plato C) Solon D) Alexander
Leibniz's view was satirized by _________________ in his famous short novel _________________
Fill in the blank(s) with correct word