The economic function of profits and losses is to: a) Bring about a more equal distribution of
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Question:
The economic function of profits and losses is to:
a) Bring about a more equal distribution of income
b) Signal that resources should be rellocated
c) Eliminate small firms and reduce competition
d) Tell government which industries need to be subsidized
Related Book For
Quantitative Investment Analysis
ISBN: 978-1119104223
3rd edition
Authors: Richard A. DeFusco, Dennis W. McLeavey, Jerald E. Pinto, David E. Runkle
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