Which of the following best explains why the profit motive often leads to efficiency and innovation?
O A. The competition to make profit drives producers to eliminate
waste.
O B. Profit gives producers more money to be able to buy better
resources
C. Consumers want to reduce waste in order to spend less on what
they buy.
O D. Losing money prevents producers from hiring the most efficient
workers.

A. the competition to make profit drives producers to eliminate waste

Explanation:

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all of the following apply except for (a. excessive credit on real estate resulting in defaulted loans.

in 1819, panic swept the country due,in part, to the rapid expansion of american manufacturing during the war of 1812 and the distress caused by the post-war british competition. the rapid expansion of american farming was another factor.

explanation: