Markets usually do a good job of coordinating trade among individuals, groups, and nations.Is which of the ten key concepts to retain for a lifetime?
A)Facing trade-offs
B)Opportunity cost
C)The effectiveness of markets
D)The influence of incentives

Question

Quizplus · Accepted Answer

The statement mentions the effectiveness of markets in coordinating trade, which is a key concept to retain for a lifetime. Options A, B, and D are also important concepts to retain, but they are not specifically mentioned in the statement.

Markets Usually Do a Good Job of Coordinating Trade Among