What Mechanism Assures That Firms Produce Outputs That Consumers Actually

question 18

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 responses are correct.

---

Definitions:

Hypertension

A chronic medical condition wherein blood pressure in the arteries is persistently elevated, which can lead to significant health issues.

Neal E. Miller

An American psychologist known for his pioneering work in the study of motivation, learning, and stress.

Avoidance-Avoidance Conflict

A psychological conflict that occurs when a person has to choose between two undesirable options.