Which of the following statements regarding completion , as a fundamental element of capitalism , is not true ?
Question Get Answer

40. Which of the following statements regarding completion, as a fundamental element of capitalism, is not true? A.

Competition is responsible for the orderly operation of the market.B. The fittest firms tend to survive.C. Competition ensures that that goods and services are provided at the lowest price.D. Competition holds profits to a minimumE.Capitalism guarantees a profit is made.
Background image

Uploaded by: linhpham6595

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question