In the end, firms allocate scarce resources toward the production of goods and services most valued by

Question:

In the end, firms allocate scarce resources toward the production of goods and services most valued by society because:
a) The opportunity costs of not producing those goods become too high.
b) Managers are benevolent.
c) Government regulations.
d) None of the above statements are accurate.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: