The profit motive encourages businesses to produce the goods and services that consumers desire.
Correct Answer:
Verified
Q98: Q99: A catfish farmer will shut down production Q100: An investment decision involves choosing Q101: The supply curve is upward-sloping (i.e. ,it Q102: When technology improves,the firm's marginal cost curve Q104: In the In the News article "The Q105: When payroll taxes are raised,the firm's marginal Q106: The basic incentive to supply goods and Q107: Which of the following does not affect Q108: Businesses that fail to account for implicit![]()
A)A rate of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents