Which of the following statements best captures thenotion of private enterprise?O Individuals pursue their own interests with minimalgovernment restriction.O Certain business activities remain "private."Businesses can do anything they want, free of legalrestraints.O Small businesses will do better than big businesses inthe long run.

In the field of economics, the businesses are defined as the organization that produces commodities…

Which of the following statements best captures the notion of private enterprise? Individuals pursue their own interests with minimal government restriction. Certain business activities remain "private." Businesses can do anything they want, free of legal restraints. O Small businesses will do better than big businesses in the long run.

Which of the following statements best captures the notion of private enterprise? Individuals pursue their own interests with minimal government restriction. Certain business activities remain "private." Businesses can do anything they want, free of legal restraints. O Small businesses will do better than big businesses in the long run.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Which of the following statements best captures the
notion of private enterprise?
O Individuals pursue their own interests with minimal
government restriction.
O Certain business activities remain "private."
Businesses can do anything they want, free of legal
restraints.
O Small businesses will do better than big businesses in
the long run.

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