What Does the Market,if Left to Its Own Devices,tend Toward

question 39

Multiple Choice

What does the market,if left to its own devices,tend toward?

• A)Abusive practices
• B)Inefficiency
• C)Values-based businesses
• D)The most efficient economic growth

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Definitions:

Labor

Human effort, both physical and mental, used in the production of goods and services, considered an essential factor of production.

Car Detailing

The process of thoroughly cleaning, restoring, and finishing a car to achieve a show-quality level of detail, both inside and out.

Production Function

A mathematical relation that defines the output produced from combinations of different inputs.

Ovens

Appliances used for baking, heating, or cooking food, typically powered by electricity or gas.