All economic systems must decide what to produce because<...
All economic systems must decide what to produce because
Resources are not available
Consumers want maximum satisfaction
Resources are limited in supply
Producers want maximum profit
Correct answer is C
No explanation has been provided for this answer.
An example of commodity money is ...
Which of the following activities of government precludes the existence of a market economy? ...
The determination of price by bargaining between buyers and sellers is_______ ...
If the government imposes a minimum price on a commodity ...
Which of the following is a disadvantage of localization of industries? ...
Regressive tax is not a good tax system because it ...
What are inferior goods? These are goods ...
Which of the following is a measure of central tendency? ...