In larger markets, the quest for profit by firms motivates them to be innovative and produce new and more appealing products

Indicate whether the statement is true or false

TRUE

Economics

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Refer to the above data. What quantities of X and Y should be purchased to maximize utility?

A) 2 of X and 1 of Y B) 4 of X and 5 of Y C) 2 of X and 5 of Y D) 2 of X and 6 of Y

Economics

Extensive government restrictions on the use of capital are likely to

A) result in capital resources being devoted to their most efficient uses. B) enhance economic growth. C) enhance economic freedom. D) create dead capital.

Economics