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In a Free Market,producers' Desires to Maximize Profit

Question 41

Multiple Choice

In a free market,producers' desires to maximize profit


A) inevitably lead to rising market prices.
B) are inconsistent with incentives to introduce new technology.
C) guarantee that firms never take losses.
D) cause firms to use the most efficient techniques.
E) mean that government must control prices to prevent producers from overcharging consumers.

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