In a planned economy, what shall be produced is determine...
In a planned economy, what shall be produced is determined primarily by
What the consumer wants
Government decisions
Price mechanism
The pattern of consumer spending
Correct answer is B
No explanation has been provided for this answer.
An increase in supply means that ...
Which of the following will not retard economic development in West Africa? ...
The U-shape of the long run average cost curve can be explained by the ...
Hoarding in distributive trade leads to ...
Which of the following is not an advantage of price control? ...
Commericial banks help in economic development mainly by ...
The current stage of the economy is depicted in curve 1. Point P suggests that the economy is ...
Which of the following is true of the monopolist? ...
The system whereby goods are exchanged for goods is known as ...