What Mechanism Assures That Firms Produce Outputs That Consumers Actually

question 106

Multiple Choice

What mechanism assures that firms produce outputs that consumers actually desire?

• A)governmental regulations on the mix of outputs 
• B)altruism 
• C)the desire for profit 
• D)a desire to serve others without thought of reward 
• E)All of the above are correct.

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Definitions:

Preparing a Presentation

The process of creating and organizing visual and verbal material in preparation for delivering it to an audience.

Business Etiquette

The set of expected behaviors and manners in a professional environment.

Conclusion

The final part of a document or speech that summarizes the main points and often provides a closing thought or call to action.

Normal Accidents

Incidents that occur inevitably due to the complexity and interconnectivity of modern systems.