What Does the Term "Forces of Uncompetition" Refer To

question 119

Multiple Choice

What does the term "forces of uncompetition" refer to?

• A)The tendency in the market for some firms to grow larger and drive other firms out of business,thereby eroding perfect competition.
• B)The inability of firms to provide all the products that people want.
• C)The inevitable wealth and income inequalities resulting from the market.
• D)The tendency of governments to take over certain firms.

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Definitions:

Equity Theory

A theory in social psychology that posits individuals are motivated by fairness in the rewards they receive for their efforts compared to others.

Process

A series of actions, changes, or functions that are intended to achieve a particular result.

Positive Emotions

Feelings that are considered pleasant or desirable, such as happiness, joy, or love.

Job Satisfaction

The degree of satisfaction workers experience regarding their job, influencing their output and general health.