Entrepreneurship — Unit test Answers
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Which is a function of regulatory agencies?
A
encouraging business complianceB
creating legislation for businessesC
encouraging negative externalitiesD
creating new business opportunities42
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The graph shows an early economic theory known as the "invisible hand."
A
Producers decide what to make for consumers, which guides the economy.B
Individuals seeking their own self interest benefit the economy as a whole.C
Government sets policy for producers and consumers, which guides the economy.D
Consumers decide what they need and want to buy, which guides the economy.Did you find these answers helpful?
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