If market prices and sales are used to signal desired output,then the optimal mix of output is determined by:
A) The market mechanism.
B) The political process.
C) The Federal Reserve System.
D) Government intervention.
Correct Answer:
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Q1: Which of the following is most likely
Q2: In a market economy,producers will produce the
Q3: A public good is a good that:
A)
Q5: A private good is a good that:
A)
Q6: In economics,a public good:
A) Is any good
Q7: A private good is unique because:
A) Nonpayers
Q8: Which of the following is most likely
Q9: Market failure establishes a basis for:
A) Market
Q10: The optimal mix of output is:
A) the
Q11: Which of the following is not an
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