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.Management Sciences
A. the action is ethical
B. The action produces marginal costs that exceed marginal benefits.
C. The action produces marginal benefits that exceed marginal costs.
D. The action makes money for the person.
Related Mcqs:
- In a command (planned) economy ?
- A. The price mechanism acts as an incentive B. Resources are allocated by market forces C. Individual firms make decisions for themselves about what to produce and how to produce it D. The public sector is large...
- Productivity can be increased by ?
- A. improving the education of workers B. raising union wages. C. raising minimum wages. D. restricting trade with foreign countries....
- The basic economic problems will not be solved by ?
- A. Market forces B. Government intervention C. A mixture of government intervention and the free market D. The creation of unlimited resources...
- Which of the following statements is true about a market economy ?
- A. With a large enough computer, central planners could guide production more efficiently than markets. B. Market participants act as if guided by an invisible hand to produce outcomes that maximize social welfare C. The strength of a market system is that it tends to distribute resources evenly across consumers. D. Taxes help prices communicate … Which of the following statements is true about a market economy ?Read More...
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