Which of the following statements is true of a free-enterprise system?

A) Individuals do not have the right to own property.
B) Individuals have the right to choose what career to pursue.
C) Businesses succeed or fail on the basis of central government planning.
D) Businesses are independent of market demand and competition.
E) Businesses do not have the right to earn profit.

B) Individuals have the right to choose what career to pursue.

Business

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Indicate whether the statement is true or false

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Some firms serve both ultimate consumers and industrial consumers

Indicate whether the statement is true or false

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