One characteristic that has allowed the U.S. economy to change the mix of output in response to consumer demand is the
A. Labor-intensive production process.
B. Abundance of scarce resources.
C. Large number of proprietorships.
D. Factor mobility which is the increased ease with which resources move from one industry to another.
Answer: D
Economics
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The reason why cleanup costs are lower for a taxes approach than for a direct controls approach is that
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