In the Soviet Union, Firm Managers Had ______ Incentive to Reduce

question 96

Multiple Choice

In the Soviet Union, firm managers had ______ incentive to reduce costs and produce better products because of ______.

• A) little; the absence of private property rights
• B) little; the absence of free markets
• C) great; government threats
• D) great; the complexity of coordinating economic activity

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Definitions:

Acetylcholine

A neurotransmitter in both the peripheral nervous system (PNS) and central nervous system (CNS) in many organisms that plays a role in muscle activation, memory, and learning.

Alzheimers Disease

A progressive neurodegenerative disorder characterized by memory loss, cognitive impairment, and eventual loss of the ability to carry out everyday activities.

Memory Skills

The abilities associated with the encoding, storage, and retrieval of information from the brain.

Serotonin

A neurotransmitter, derived from tryptophan, that's involved in mood regulation, appetite, and sleep, among other bodily functions.