Economic systems seek to answer what key economics questions? Select all that apply
a) how should goods and services be produced?
b) where goods and services will be produced?
c) when goods and services will be produced?
d) what goods and services will be produced?
e) who will consume goods and services?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Economic systems seek to answer what key economics questions? Select all that apply a) how should goods and services be produced? b) where ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The carrying value of a $500,000, 4 year note with an 8 percent face rate (paid semiannually) that was issued to yield 9 percent is $491,031.19. What is the interest expense for the next interest period? A) $20,000.00 B) $19,641.25 C) $22,096.
Answers (1)
On November 1, 2021, NoleCo signed a $100,000, 6%, six-month note payable with the amount borrowed plus accrued interest due six months later on May 1, 2022. NoleCo records the appropriate adjusting entry for the note on December 31, 2021.
Answers (1)
You will want to invest in a business that requires an initial investment of $5,250. The business is expected to produce cash flows of $750 at the end of Year 1, $1,000 at the end of Year 2, $850 at the end of Year 3, and $6,250 at the end of Year 4.
Answers (2)
an item selling for 46.40 was mark to obtain a gross profit of 45% on cost find the cost of this item
Answers (1)
Jackson says that his fifth game of chess gave him greater utility than his first, and therefore the law of diminishing marginal utility does not hold.
Answers (1)
New Questions in Business
Stock in 1999 your parents bought $3000 worth of stock. in 2000 the value of the stock jumped to $6000. however since that time, the stock has decreased in value by 6.5% per year.
Answers (1)
True or False: When a country is too small to affect the world price, allowing free trade will have a non-negative effect on total surplus in that country, regardless of whether it imports or exports as a result of international trade. True False
Answers (1)
Assume Canada can either produce three bushels of barley or six bushels of hay in a set period of time, and China can produce either two bushels of barley or three bushels of hay in a set period of time.
Answers (1)
The financial statements for Harold Corporation contained the following information: Accounts receivable $ 5,000 Sales revenue 75,000 Cash 15,000 Salaries and wages expense 20,000 Rent expense 10,000 How much was Harold's net income?
Answers (1)
Nastasha has a gross income of $66,429. she can make adjustments of $14,490 for business losses, $3,584 for business expenses, and $4,813 for contributions to her retirement plan. what is nastasha's adjusted gross income? a. $109,971 b. $22,887 c.
Answers (1)