Which of the following is a key question that must be addressed by an economy?
A) Why should we produce a product?
B) When should we replenish out resources?
C) How will we distribute our products?
D) What should we do when we use up all our resources?
Correct Answer:
Verified
Q1: Economics is the study of how _
Q2: An economy's resources include
A) raw materials.
B) factories
Q3: Economies can be organizations such as
A) households.
B)
Q4: Which of the following is a key
Q6: In a market system, the ultimate decision
Q7: In a command economy, the ultimate decision
Q8: In a mixed economy, the ultimate decision
Q9: Economies where production and distribution decisions are
Q10: Economies where some production decisions are made
Q11: Of the following countries, which is the
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