Under Laissez-Faire, Output Selection Is Determined by

question 43

Multiple Choice

Under laissez-faire, output selection is determined by

• A)consumer preferences.
• B)production costs.
• C)firms' desires to make profits.
• D)All of the responses are correct.

---

Definitions:

Problematic

Describes something that presents a problem or difficulty, often requiring a solution or intervention.

Phenomenologists

Philosophers who study the structures of experience and consciousness to understand the phenomena of human life.

Deviant's Subjective Experience

The personal and internal experience of an individual who engages in behavior that deviates from societal norms.

Deviant Reality

The perception or existence of behaviors, practices, or conditions that diverge significantly from societal norms or expectations.