In order to conduct economic activity efficiently, firms, rather than individuals are:
A)A necessary evil
B)The best way economists have yet found
C)Not always the best solution
D)Always the best solution.

Question

Quizplus · Accepted Answer

Firms are not always the best solution for conducting economic activity efficiently. While they can provide structure and resources for large-scale operations, there are situations where individual entrepreneurship or smaller, more flexible entities may be more efficient.

In Order to Conduct Economic Activity Efficiently, Firms, Rather Than