Economic growth is________ improved health conditions in a nation.
A. always more important than
B. not necessarily needed for
C. always needed for
D. negatively related to
Answer: B
Economics
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According to the text, the cost-plus-markup procedure
A) is the only sensible way to set prices. B) is a sure-fire way to ruin a business. C) is a general rule of thumb for price searchers. D) can be practiced only by price takers.
Economics
Crtically evaluat the following statement. "It is possible to calculate comparative advantage even when prices are not known."
What will be an ideal response?
Economics