Which of the Following Is a Benefit of the Price

question 25

Multiple Choice

Which of the following is a benefit of the price system?

• A) the existence of positive externalities
• B) the production of public goods
• C) Consumers have what they want since politicians and business managers decide what is to be produced.
• D) the freedom of consumers to decide what they want to purchase

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Definitions:

Individual Readiness

The state of being prepared and willing to undertake specific tasks or to adapt to changes, often influenced by personal attributes and circumstances.

Employee Satisfaction

A measure of how content and happy employees are with their job and working environment, impacting productivity and retention.

Individual Readiness

is the measure of how prepared a person is to undergo change, influenced by personal attributes and situational factors.

Team-Building Methods

Strategies and activities designed to increase team cohesiveness and improve collaboration among members.