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Which of the following best explains why players in the game of…

  • Question 6a of 25 - Goals

  • Maximum Attempts: 1
  • Question Type: Multiple Choice
  • Maximum Score: 2
  • Question: Which of the following best explains why players in the game of economics are often in conflict with each other?
  • Answers:
  1. Some economic goals are incompatible with each other.
  2. Efficient outcomes require free choices.
  3. Supply and demand are usually not balanced.
  4. Producers needs consumers more than consumers need producers.

The correct answer is: Some economic goals are incompatible with each other. Pursuing one economic goal often gets in the way of achieving a different goal.

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