Which of the Following Is NOT a Likely Reason Why

question 102

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:

Education

The process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits through various methods like teaching, training, storytelling.

Regression Equation

A mathematical formula that describes the relationship between two or more variables and predicts the value of one based on the values of the others.

Protein

A complex molecule composed of amino acids that is fundamental to the structure and function of cells, tissues, and organs in living organisms.

Carbohydrates

Organic compounds, including sugars, starches, and cellulose, which are major sources of energy in animal and human diets.