Profits inspire some of our greates works, even in areas like higher education, the arts and medicine. People sometimes miscalculate their costs and benefits from actions sometimes, and do not necessarily make the best choices. When the price of gas rises some people switch to driving motorcycles. Statistics show that motorcycles have a high rate of accidents. Consumers always know what is in their best interest, and they do accurate cost-benefit assessments before making choices. Market transactions generally make all parties better off
This is not a writing assignment, this is a multiple-choice question
All of the statements apply to he Theory of Markets EXCEPT this one:
Group of answer choices
Profits inspire some of our greates works, even in areas like higher education, the arts and medicine.
People sometimes miscalculate their costs and benefits from actions sometimes, and do not necessarily make the best choices. When the price of gas rises some people switch to driving motorcycles. Statistics show that motorcycles have a high rate of accidents.
Consumers always know what is in their best interest, and they do accurate cost-benefit assessments before making choices.
Market transactions generally make all parties better off.
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