The right of people to receive the value of their output as determined by the market _____.
A)leads to people pursuing their own selfish ends,with little regard for others
B)leads individuals to produce only goods that will appeal to the masses
C)provides strong incentives to produce goods that will make themselves happy
D)provides incentive to produce goods that others find valuable

Question

Quizplus · Accepted Answer

The right of people to receive the value of their output as determined by the market provides incentive to produce goods that others find valuable. The market determines the value of a product based on how much demand there is for it, and producers who are able to create goods that meet that demand will be rewarded with profits. This incentivizes producers to create products that are useful and valuable to others, rather than just pursuing their own selfish interests.

The Right of People to Receive the Value of Their