Answered

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Which of the following statements is FALSE?

A. The types of goods and services offered by businesses are not influenced by what consumers are willing to pay for them.
B. Microeconomic principles tell us that businesses will set productivity at the level of economic efficiency.
C. When the price of a good increases, consumers have less utility available to substitute another good or service.
D. Microeconomic principles tell us that businesses need to find a price that maximizes efficiency but does not drive consumers to alternatives.

Sagot :

GinnyAnswer

Final answer:

In business and economics, it is not always true that businesses will set productivity at the level of economic efficiency.


Explanation:

The FALSE statement among the given options is B. Microeconomic principles tell us that businesses will set productivity at the level of economic efficiency. In reality, businesses may not always set productivity at the most efficient level due to various factors affecting their operations.


Learn more about Principles of microeconomics in a business context here:

https://brainly.com/question/44009088


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