High profits mean outputs of ______ value are being created from inputs of ______ value.

Name: High profits mean outputs of ______ value are being created from inputs of ______ value.
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Question

Quizplus · Accepted Answer

High profits indicate that the output created is of higher value than the inputs used, which means that the inputs used are of low value relative to the output. Therefore, the correct choice is D - high profits mean outputs of low value are being created from inputs of high value.

High Profits Mean Outputs of ______ Value Are Being Created