________ 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:

Correspondingly Larger

A comparative term indicating that an object or quantity increases in size in relation to another factor.

Premotor Cortex

A brain region involved in planning and executing movements, located anterior to the primary motor cortex.

Fine Motor Movements

Precise movements made by small muscles, typically involving coordination between the eyes and hands, such as writing or buttoning a shirt.

Motor Cortex

A structure in the frontal lobe that controls fine motor movement in the body.