Which statement is true? a) Profits are determined by supply and demand. b) Profits are solely a

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Which statement is true?

a) Profits are determined by supply and demand.

b) Profits are solely a reward for risk taking and innovation.

c) Profits are derived solely from the exploitation of workers.

d) None of the above.

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Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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