It Would Be Difficult for a Private Firm to Make

question 294

Multiple Choice

It would be difficult for a private firm to make a profit if it produced and sold:

• A) health food.
• B) river levees.
• C) package delivery.
• D) banking services.

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Definitions:

Implicit Assumption

An underlying premise that is taken for granted or understood without being explicitly stated.

Guidance

The act of offering direction, advice, or instructional information to another, usually aimed at achieving a goal or solving a problem.

Explicit Reason

A clear and detailed reason that is directly stated or explained, without ambiguity.

Guidance

The act of offering direction, advice, or recommendations on how to proceed in a situation.