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    Macroeconomics Study Set 22
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    Exam 2: The Market System and the Circular Flow
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    While in Market Economies the Profit Depends on Consumer Demand,production
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While in Market Economies the Profit Depends on Consumer Demand,production

Question 103

Question 103

Multiple Choice

While in market economies the profit depends on consumer demand,production production efficiency,and product quality,for command economies profit depends on:


A) production cost.
B) product differentiation.
C) product mix.
D) quantitative production target.

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