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Business, 27.02.2020 04:18 jaylasmith884

Consider the following statement: The market system is a profit-and-loss system. This statement is: a. True, because producer decisions are motivated by the attempt to earn profits. b. False, because consumers purchase only what they want, providing producers profits. c. False, because the market system does much more than provide profits and losses. d. True, because consumers purchase only what they want, providing producers profits.

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Consider the following statement: The market system is a profit-and-loss system. This statement is:...
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