In a Market System, Which of the Following Is a Major

question 69

Multiple Choice

In a market system, which of the following is a major benefit of making the firm's owners and investors exclusively shoulder the business risk?

• A) Those who deeply dislike business risk will not have anything to do with the business.
• B) This allows firms to more easily attract labor and other suppliers of inputs.
• C) This reduces the business risk in the economy.
• D) It makes it easier for the government to monitor and manage the business risk.

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Definitions:

Incus

A small anvil-shaped bone in the middle ear that plays a crucial role in transmitting sound vibrations to the inner ear.

Red-green Color Blindness

A common type of color vision deficiency where individuals have difficulty distinguishing between red and green hues.

Occipital Lobe

The region of the brain located at the back of the head, responsible for processing visual information.

Retina

The light-sensitive layer of tissue at the back of the inner eye, responsible for converting light images into neural signals for visual recognition.