In the Private Sector Where Firms Compete for Profit, If

question 95

Multiple Choice

In the private sector where firms compete for profit, if a firm is inefficient, ________. In the public sector, if a government bureau is producing a necessary service and is doing so inefficiently, ________.

• A) the market will drive it out of business; the market will drive it out of business
• B) it does not need to worry about customers; it does not need to worry about customers
• C) it does not need to worry about customers; the market will drive it out of business
• D) the market will drive it out of business; it does not need to worry about customers

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Definitions:

Gender Identity

Our sense of being male or female.

Gender Roles

Societal norms dictating the behaviors, actions, and roles deemed appropriate for men and women based on their sex.

Psychological Similarities

Traits or characteristics that demonstrate a likeness in mental or emotional processes between individuals or groups.

Genetic Factors

Attributes related to an individual's DNA that influence their physical and mental characteristics.