In a free market economy, wages are determined by
...In a free market economy, wages are determined by
The employees
The employers
Trade unions
Interaction of demand and supply forces
The government
Correct answer is D
No explanation has been provided for this answer.
The demand for a factor input as a result of the demand for its output is known as ...
International trade takes place because of difference in ...
The concept of opportunity cost is important to the firm because it ...
A necessary condition for specialization in an economy is the existence of ...
The additional cost incurred by producing an additional unit of output is known as ...
In a planned economy, what shall be produced is determined primarily by ...