Which statement best explains how profits create interdependence in the free enterprise system?(1 point)
Responses
Foreign countries charge tariffs, or a tax, on imported goods to protect domestic industries.
Foreign countries charge tariffs, or a tax, on imported goods to protect domestic industries.
Consumers compete with each other to make the most profit.
Consumers compete with each other to make the most profit.
Businesses will produce goods to meet consumer demands when they can make a profit.
Businesses will produce goods to meet consumer demands when they can make a profit.
States will increase taxes on businesses to discourage them from making a profit.
1 answer
Businesses will produce goods to meet consumer demands when they can make a profit.