Deciding if a company will produce automobiles by manual labor or with the use of robots answers the economic question of
A) Who consumes the products produced?
B) What will be produced?
C) Where will the products produced be consumed?
D) How will we produce the products?
Correct Answer:
Verified
Q16: Resources are all of the following EXCEPT
A)
Q17: Which of the following is NOT a
Q18: The effort used to coordinate the factors
Q19: In which of the following markets is
Q20: Markets perform all of the following functions
Q22: Economists employ economic models
A) because reality is
Q23: Scarcity is a situation in which resources
Q24: Which of the following is NOT an
Q25: Money is an example of a scarce
Q26: Markets do not determine the quantity of
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