Which of the following statements about self-interest in a market system is false? In a market system, self-interest motivates workers to get a job with the best wages, benefits, or most satisfaction. Self-interest usually motivates an individual to deliver something of value to others. Self-interest of entrepreneurs implies seeking maximum profits or minimum losses. Self-interest applies only to businesses, not to consumers or the government.
Which of the following statements about self-interest in a market system is false? In a market system, self-interest motivates workers to get a job with the best wages, benefits, or most satisfaction. Self-interest usually motivates an individual to deliver something of value to others. Self-interest of entrepreneurs implies seeking maximum profits or minimum losses. Self-interest applies only to businesses, not to consumers or the government.
Chapter29: Economies In Transition
Section: Chapter Questions
Problem 7SQ
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Which of the following statements about self-interest in a market system is false?
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In a market system, self-interest motivates workers to get a job with the best wages, benefits, or most satisfaction.
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profits or minimum losses. -
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