Which Statement Is NOT a Reason That Markets Usually Lead

question 37

Multiple Choice

Which statement is NOT a reason that markets usually lead to efficiency?

• A)People are naturally efficient.
• B)Individuals have incentives to offer what people want.
• C)Trade encourages efficiency.
• D)Inefficient firms will lose business.

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English Constitution

An uncodified set of fundamental principles and established precedents according to which the state of England is governed.

Navigation Acts

A series of English (later British) laws that regulated trade and commerce between England (later Great Britain) and its colonies to enrich the mother country.

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A political faction and then party in Great Britain that evolved into the Conservative Party, traditionally representing royalist, Anglican, and later conservative interests.