Which of the Following Is Assumed to Be the Most

question 146

Multiple Choice

Which of the following is assumed to be the most important motivation for producers?

• A) The desire to minimize external costs.
• B) The desire to maximize economic profits.
• C) The desire to minimize social costs above private costs.
• D) The desire to maximize social benefits and private revenues at the same time. The basic incentive for producing goods and services is the expectation of profit.