________ Increases Economic Efficiency Because It Forces Firms to Produce

question 83

Multiple Choice

________ increases economic efficiency because it forces firms to produce and sell goods and services as long as the additional benefit to consumers is greater than the additional cost of production.

• A)Competition
• B)Voluntary exchange
• C)Equity
• D)A centrally planned economy

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Definitions:

Ventromedial Hypothalamus

A region of the brain involved in regulating hunger, satiety, and various aspects of metabolism.

Lesion

Any abnormal tissue change or damage in the body caused by disease or injury.

Affiliation Motive

An individual's need to form connections with others, feeling a desire for close relationships as part of their social instinct.

Approval

A formal or official agreement or sanction.