Figure 1- 2 with a Budget of $500 000,a School

Multiple Choice

Figure 1- 2 With a budget of $500 000,a school board can choose to purchase 20 000 textbooks or 2000 laptop computers (or some intermediate combination) for use in classrooms.

-In traditional economies,economic behaviour is

A) affected by elements of tradition,government command,and market incentives.
B) directed only by self interest.
C) random and unpredictable.
D) largely determined by a central authority.
E) based primarily on custom and habit.