What Mechanism Assures That Producers Use Inputs Efficiently

question 162

Multiple Choice

What mechanism assures that producers use inputs efficiently?

• A)Governmental regulations determining the allocation of resources
• B)Altruism
• C)The desire for profit
• D)An innate desire to be efficient
• E)All of the responses are correct.

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Definitions:

Constancy

Refers to the psychological or physical stability or steadiness in a person or environment.

Monozygotic Twins

Identical twins that develop from a single fertilized egg, sharing identical genetic material.

Dizygotic Twins

Also known as fraternal twins, are siblings that develop from two different eggs fertilized by two different sperm, sharing about 50% of their DNA.

Concordance

In genetics, the presence of the same trait in both members of a pair of twins or in both members of a family, indicating genetic influence.