ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC SYSTEMS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is not an example of a situation that increases profit in a free enterprise system?
A
A business enterprise begins to lower its costs
B
A producer uses the firm’s resources more efficiently
C
The cost of raw materials has increased
D
Ambitious salespeople have increased the sales volume without reducing prices
Explanation: 
There is 1 question to complete.