Market economies produce outcomes that are
A. virtually ideal in all respects.
B. inferior to most other systems.
C. far from ideal, in some respects.
D. virtually indistinguishable from command economies.
Answer: C
Economics
You might also like to view...
Which graph shows the impact of scientists developing a more powerful fertilizer?
A) Figure A B) Figure B C) Figure C D) Figure D
Economics
When economists say the quantity demanded of a product has increased, they mean the
a. demand curve has shifted to the left. b. demand curve has shifted to the right. c. price of the product has fallen, and consequently, consumers are buying more of it. d. price of the product has risen, and consequently, consumers are buying less of it.
Economics