Central planning relies on ________ to determine what types of products to make
A) government employees
B) consumers' choices
C) individual businesses
D) consumers' wants
Correct Answer:
Verified
Q85: Which of the following statements is true
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Q103: Markets promote
A)equity and competition.
B)voluntary exchange and equality.
C)equity
Q107: Productive efficiency is achieved when
A)firms add a
Q110: Which of the following is a result
Q111: Allocative efficiency is achieved when firms produce
Q115: _ is a situation in which a
Q116: How are the fundamental economic questions answered
Q120: When production reflects consumer preferences, _ occurs.
A)allocative
Q153: What is equity, and how does it
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