Lestourgeon118 Lestourgeon118
  • 26-03-2015
  • History
contestada

What is the goal of all economic decisions in a market economy? profit minimization benefit maximization free enterprise democracy

Respuesta :

HistoryGuy HistoryGuy
  • 26-03-2015
The goal of all economic decisions in a market economy is to maximize profits. This drives up competition and subsequently innovation and efficiency in the marketplace.
Answer Link

Otras preguntas

pls help i rly rly rly nee dit
why does the alligator need water
Why is it difficult to hame lonic Compounds that Contain transition metals ?
What resolution granted the president authority to assist any southeast Asian country threatened by communist aggression, and have Johnson the legal justificati
How much should you put in an investment paying a simple interest rate of​ 5% if you needed​ $4000 in eighteen​ mont
HELP ME PLEASE! I'm in so much pain. Does anyone know a good way to treat a painful sunburn? But not like a cold shower or aloe vera.
Undifferentiated schizophrenia differs from other schizophrenic disorders in that symptoms are __________. A. often mostly negative in nature B. entirely positi
A banker has a salary of £65000. a) She is paid a bonus of £40000. What percentage of her salary is that? b) She is given a pay rise of 16%. What is her new sal
What most contributed to the start of the Scientific Revolution in sixteenth-century Europe? Which scientist applied reason and rationality to devise his law o
if the mountain biker decides to ride the same trail again but exerts a greater force on pedals of the bike ​