This statement is
false, because the market system does much more than provide profits and losses.
true, because producer decisions are motivated by the attempt to earn profits.
false, because consumers purchase only what they want, providing producers profits.
true, because consumers purchase only what they want, providing producers profits.
Recently Asked Questions
- When X and Y are conditionally dependent at each level of Z yet marginally independent, Z is called a suppressor variable.Specify joint probabilities for a 2
- View the clip below, in which one person believes they are partners and the other believes it is an employer / employee relationship. Agents may bind the
- If you add a strong acid to a solution of phosphate buffer, which form(s) of phosphate in the equilibrium above would increase in abundance first? Which would