Which of the Following Is Not a Likely Reason Why

question 184

Multiple Choice

Which of the following is not a likely reason why a small business in a free enterprise system should seek the ideal combination of price charged and quantity supplied?

• A) To maintain goodwill among customers
• B) To maximize profits
• C) To avoid surpluses and shortages
• D) To avoid government regulation
• E) To discourage competition

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Definitions:

Genus

A term in classification denoting a category of organisms sharing common characteristics, ranking above species and below family.

Furniture

Objects used to make a room or building suitable for living or working in, such as chairs, tables, and beds.

Tables

Pieces of furniture consisting of a flat top supported by one or more legs, used for various activities like eating, writing, or working.

Species

A group of living organisms consisting of similar individuals capable of exchanging genes or interbreeding, classified within a shared genus.