In the market processes resources end up being located in their
A) highest valued use.
B) next best use.
C) proper use.
D) none of these choices.
Correct Answer:
Verified
Q15: The market process is
A)governmental.
B)institutional.
C)dynamic.
D)all of these choices.
Q16: It is sometime useful to view each
Q17: Entrepreneurs reveal
A)things that the market knew.
B)things that
Q18: Markets provide
A)information.
B)prices.
C)incentives.
D)all of these choices.
Q19: A bond is a form of
A)dividend.
B)debt.
C)equity.
D)stock.
Q21: The market process is dynamic.
Q22: Entrepreneurs are at the heart of the
Q23: If economic profits are zero, then the
Q24: Managers are at the heart of the
Q25: Entrepreneurs serve a different purpose compared to
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