Easy Multiple choice

positive profits . mean workers are being exploited b. measure the difference between the value consumers place on an item and the cost of providing it in markets c. signal an enterprise that needs to be shut down d. are too high for most products Successful innovation a. serves the masses b. does not make profits c. is accomplished without risk d. Is only for the rich What can we say about freedom worldwide? a. Countries with unstable leadership have the greatest GDP. b. Greater freedom of action is associated with higher per capita GDP. c. Economic freedom is everywhere d. Greater protectionism results in strong GDP. One characteristic of a frontier market is a. high profits because competition is low b. low quality and high prices c. low profits due to protection from competition d. notable innovation