"Come out to the store! We have new and improved windshield wipers to get you through the rainy season!"This advertisement is an example of which characteristic of free enterprise? private property equal opportunity limited government profit motive

"Come out to the store! We have new and improved windshield wipers to get you through the rainy season!"This advertisement is an example of which characteristic of free enterprise? private property equal opportunity limited government profit motive

Economics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506725

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter23: Price-searcher Markets With Low Entry Barriers

Section: Chapter Questions

Problem 5CQ

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Question

"Come out to the store! We have new and improved windshield wipers to get you through the rainy season!"

This advertisement is an example of which characteristic of free enterprise?

	private property
	equal opportunity
	limited government
	profit motive

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