Businesses fail because:
A) they follow the principle of consumer sovereignty too closely.
B) the invisible hand determines that they are not producing something that is socially valuable.
C) they earn excessive profits.
D) entrepreneurship is present.
Correct Answer:
Verified
Q49: A company such as Microsoft or Pepsi
Q50: A firm's profits equal $100 if
A) its
Q51: Which two systems require the least amount
Q52: Households do all of the following except:
A)
Q53: Business decisions about what and how much
Q55: Profit is:
A) the same as cost.
B) the
Q56: Relative to corporations, sole proprietorships are:
A) more
Q57: Government is on the:
A) supply side of
Q58: A defining difference in what makes a
Q59: Businesses are on the:
A) supply side 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