In a market economy,who gets what
A) depends on the amount and kinds of resources individuals own.
B) cannot be resolved without government intervention.
C) is unrelated to the questions of what goods are produced and how.
D) is determined by the production possibilities curve.
E) is an irrelevant and unnecessary concern.
Correct Answer:
Verified
Q41: In a free market,producers' desires to maximize
Q42: The following question are based on the
Q43: If actual price is above equilibrium price
A)
Q44: The following question are based on the
Q45: In a free market,the price system determines
Q47: In a free market,actual price will
A) remain
Q48: The following question are based on the
Q49: According to economic analysis,shortages of a good
Q50: In free markets,the price system encourages producers
Q51: The following question are based on the
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