Which of the following is NOT a basic economic decision that must be made by every society?
A) What goods and services will be produced.
B) What goods and services consumers will need most.
C) Who will receive the goods and services that are produced.
D) What factors of production and methods will be used in producing goods and services.
Correct Answer:
Verified
Q1: The three basic economic decisions are:
A) what
Q2: The basic economic decisions are faced:
A) in
Q3: The basic economic decisions:
A) apply only to
Q5: Every country in the world, regardless of
Q6: The way a society is organized to
Q7: Decisions about what goods and services will
Q8: With reference to the basic economic decisions,
Q9: A society's economic system is defined by:
A)
Q10: The way in which a country makes
Q11: Which of the following statements best describes
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