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Central Problems & the PPC · Question 78 of 87

Question 78

MediumOriginal question

The main motive of producers in a market economy is

Options for question 78

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. Private producers decide what to make by what earns them the most profit.

  2. Social welfare is the main aim in a centrally planned economy.

Concept
Profit motive
Typical time
70 s
Your time
—
The rule this testsEconomic systems; positive and normative
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Ten questions from Central Problems & the PPC, at your own pace.

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Ten questions from Central Problems & the PPC, at your own pace.

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