Multiple Choice
In a market system, resources flow from lower-valued uses to higher-valued uses because of
A) the dictates of the government.
B) the desires of business to make a profit.
C) first come, first served.
D) the consumer is always right.
E) comparative advantage.
Correct Answer:

Verified
Correct Answer:
Verified
Q28: Figure 3.4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1749/.jpg" alt="Figure 3.4
Q29: Figure 3.3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1749/.jpg" alt="Figure 3.3
Q30: A quota is a tax on an
Q31: People take jobs in unpleasant, low-wage facilities
Q32: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1749/.jpg" alt=" -In Table 3.2,
Q34: Figure 3.7<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1749/.jpg" alt="Figure 3.7
Q35: "Efficiency" means you get the same amount
Q36: It is very difficult for a firm
Q37: Rent control is<br>A) a situation where a
Q38: Which of the following is not correct?<br>A)