Multiple Choice
In a command system,the decision about what should be produced is made by
A) a central authority
B) the market
C) repeating what was done in the past
D) business firms
E) consumers
Correct Answer:

Verified
Correct Answer:
Verified
Q44: Which of the following is an example
Q45: The concave shape of the production possibilities
Q46: The production possibilities frontier is useful for
Q47: If a society is operating on its
Q48: Figure 2-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3972/.jpg" alt="Figure 2-3
Q50: If an economy's production possibilities frontier shifted
Q51: <span class="ql-formula" data-value="\begin{array} { | c c
Q52: Figure 2-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3972/.jpg" alt="Figure 2-2
Q53: Sven has a comparative advantage over Alice
Q54: Suppose that the country of Utopia produces