In the News article, "Are Profits Bad?" most Americans feel that the profit motive
A. Is good.
B. Is bad.
C. Do not motivate better product results and lower prices.
D. Cause firms to ignore social needs.
Answer: A
Economics
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Under Roosevelt's definition, poverty has remained about the same since 1936
Indicate whether the statement is true or false
Economics
In which market models are firm's demand curves different from their marginal revenue curves? a. monopoly, oligopoly, and perfect competition
b. monopoly, oligopoly, and monopolistic competition. c. monopoly and oligopoly only. d. monopoly only.
Economics