Author Question: Economic theory predicts that (a) market forces impose stiff penalties on profits whenever ... (Read 30 times)

nevelica · **on:** Jun 30, 2018

Economic theory predicts that

(a) market forces impose stiff penalties on profits whenever enterprises discriminate against individuals on any basis other than productivity.
(b) government intervention is required to combat discrimination.
(c) market mechanisms and government interventions are weak in addressing issues of discrimination. However, government is relatively stronger.
(d) discrimination is a necessary part of life private and public life.

Question 2

Installment-plan buying permits consumers to use the income generated from their private assets to pay for goods and services.

Indicate whether the statement is true or false