Multiple Choice
What is the primary force that determines what a firm buys and sells?
A) Laws of supply and demand
B) The demand and supply schedule
C) Economic resources
D) Equilibrium price
E) The private enterprise system
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q68: Explain the concept of mixed market economies
Q69: In which type of economy do the
Q70: Which of the following does NOT fall
Q71: Discuss each of the four principles of
Q72: Which indicator refers to the total quantity
Q74: The pursuit of profits is how a
Q75: What occurs when the quantity demanded exceeds
Q76: The customs,values,and demographic characteristics of the society
Q77: The consumer price index is expressed as
Q78: Deflation,an indication that the economy is contracting,is