Solved

Producers Have an Incentive to Produce Those Goods Most Desired

Question 262

Multiple Choice

Producers have an incentive to produce those goods most desired by consumers at the lowest price in

A) a centrally planned economy.
B) a communist economy.
C) a market economy.
D) All of the choices are true.

Related Questions

Q252: Which does not fit with the others?<br>A)Competition<br>B)Government

Q253: A public good is<br>A)a good deed done

Q254: Statement I: External costs are market failures,but

Q255: When the government determines the permissible level

Q256: Which statement is false?<br>A)Throughout the 1980s,the Soviet

Q257: Which of the following statements is not

Q258: Which one of the following is NOT

Q259: Statement I: One major reason the Soviet

Q260: Under the old Soviet communist system,government planning

Q261: The so-called "bridge to nowhere" in Alaska