Multiple Choice
The basic reason for the production of capital goods is to:
A) promote the concentration of economic power in the business sector.
B) facilitate exchange where a coincidence of wants does not exist.
C) better synchronize the operation of resource and product markets.
D) enhance future productive efficiency.
Correct Answer:
Verified
Correct Answer:
Verified
Q75: Which fundamental question about a competitive market
Q76: Labour, land, and capital are examples of:<br>A)factors
Q77: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" Refer to the
Q78: In a market economy the distribution of
Q79: Which of the following is unique to
Q81: Specialization and trade are beneficial to society
Q82: Which of the following economic systems are
Q83: In the circular flow diagram, revenues and
Q84: The market system is an economic system
Q85: Which of the following best describes the