3 Questions
Which of the following is NOT a driving force behind capital allocation in for-profit corporations?
Charitable contributions
What is the role of competition in a capitalist economy?
To maintain a competitive landscape
What determines the prices of goods and services in a capitalist economy?
The consumers of the goods and services
Test your knowledge on the profit motive and its role in the business world with this informative quiz! Explore the concept of for-profit and not-for-profit companies, and understand how they differ in their objectives and operations. Get ready to learn about Adam Smith's invisible hand and how it influences companies to strive for profitability. Challenge yourself and discover how much you know about the profit motive in this engaging quiz!
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