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Which of the following is not an economic function of profits?

Costa

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Which of the following is not an economic function of profits?

Which of the following is not an economic function of profits?
A) They serve as a signal for resource allocation
B) They reward the enterprising
C) They create monopolies
D) They provide a motive for efficiency

Textbook

Microeconomics

Microeconomics

Edition: 2^nd

Author: James

Read 44 times

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Helped a lot

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