A system where production takes place for the sake of profit, where most people have to work for wages, and a tiny minority live very well off rent, interest and profit .
The reduction of waste
Minimize costs and maximize revenue.APEXX
the desire to make money through the production of goods and services
The desire to make money through the production of goods and services
a. The incentive to buy at a low price in order to be able to sell at a higher price.
b. The desire to make money through the production of goods and services.
c. The decision to allow market forces to decide on the price of goods and services.
d. The motivation to work hard at a job in order to buy more goods and services.
B.
Property rights allow consumers and producers to make free choices
wants
Rational and subjective
Evaluation
The free-market system has a circular flow of influence.
satisfaction