For Which Reason Might You Incorrectly Conclude That an Idea

question 20

Multiple Choice

For which reason might you incorrectly conclude that an idea no other person has implemented is highly profitable?

• A) You've misjudged people's wants and constraints.
• B) You've miscalculated the trade-offs people face.
• C) You've misunderstood how people will respond to incentives.
• D) All of these might lead you to incorrectly believe an idea is profitable.

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Definitions:

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A 1947 U.S. federal law aimed at regulating labor relations, addressing disputes between employers and employees.

Taft-Hartley Act

A federal law enacted in 1947 that restricts the activities and power of labor unions in the United States.

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Changes in policy intended to manage immigration and address issues related to immigrants effectively.