The ________ is an organization that has developed principles and standards for ethical supply management conduct

In a planned economy, government determines the prices for goods and services, and:

A. businesses determine what goods to produce to maximize profits. B. government also determines what goods will be produced. C. government allows consumers to influence prices based on demand behavior.

A company produces two products, X1, and X2. The constraint that illustrates the consumption of a given resource in making the two products is given by: 2X1+3X2 ? 10

This relationship implies that each unit of X1 consumes 3 units of that resource. Indicate whether the statement is true or false