kayliebush3193 kayliebush3193
  • 01-01-2021
  • Business
contestada

Which market characteristic could best be described as market participants focusing production on a selection of goods and services

Respuesta :

Parrain
Parrain Parrain
  • 01-01-2021

Answer: c. Self-Interest.

Explanation:

Self interest is a characteristic of the market economic system that explains that market participants act in their self interest. Transactions they engage in are meant to bring the maximum benefits to them.

They will therefore focus on producing a selection of goods and services if those goods and services are the ones that will give them the greatest benefit.

Answer Link

Otras preguntas

What is the distance between two points whose coordinates are (-2,5) and (3,-4)?
Alinewithaslopeof7passesthroughthepoint (0, 3) . What isitsequationin slope -intercept form?
Who built forts on land claimed by Virginia, prompting the first battles of the French and Indian War?
What is the interest rate if a principal of $602 earns $95.88in interest compounded annually in five years?
God’s Word gives guidelines for proper stewardship
A social and political philosophy based on the belief that democratic means should be used to distribute wealth evenly throughout society is called socialism. c
What is 9 and 4/5 in a decimal?
How would you characterize the personality of the narrator, based on what you have read in the general prologue??
What is the attitude of the author of “Transformation Peace” toward war?
Select all the possible suffix(es) for the following word. select -able -ible -ous -uous -ion