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watching
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17 Dec 2019
The economic function of profits and losses is to:
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bring about a more equal distribution of income.
-
signal that resources should be reallocated.
-
eliminate small firms and reduce competition.
-
tell the government which industries need to be subsidized.
The economic function of profits and losses is to:
-
bring about a more equal distribution of income.
-
signal that resources should be reallocated.
-
eliminate small firms and reduce competition.
-
tell the government which industries need to be subsidized.
4
answers
0
watching
226
views
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23 Jul 2023
Sixta KovacekLv2
17 Dec 2019
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