Which choice BEST expresses why widespread pirating of goods would be damaging to a market economy? (it's B)

A) The government would lose too much tax revenue.

B) Goods would become too inexpensive to make profits.

C) Consumers would be unwilling to buy goods of uncertain quality.

D) Producers would try to make goods that would be difficult to copy.

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Katrina Edwards

1 August, 22:50

Which choice BEST expresses why widespread pirating of goods would be damaging to a market economy? (it's B)

A) The government would lose too much tax revenue.

B) Goods would become too inexpensive to make profits.

C) Consumers would be unwilling to buy goods of uncertain quality.

D) Producers would try to make goods that would be difficult to copy.

+2

Answers (2)

Know the Answer?

Violet Noble · Answer 1

C : Consumers would be unwilling to buy goods of uncertain quality.

Explanation:

-3-

I know

Amani Villanueva · Answer 2

The correct answer is letter C

The Market Economy is an economic system developed within the development of capitalism and has as its basic premise the centrality of the market in the economy, through the reduction of the roles exercised by the State. It is, therefore, a filiation of the ideals advocated by economic liberalism, which proclaims the so-called minimal state.

One of the bases for the consolidation of the market economy is the predominance of private property, that is, the existence of the smallest possible number of state-owned companies. Thus, if the State has a large number of companies, it must either sell them or pass them on to the private sector, in a process called privatization.