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.Management Sciences
A. provides no information because prices in a market system are managed by planning boards.
B. tells consumers to buy less pork
C. tells producers to produce more beef.
D. tells consumers to buy more beef.
Related Mcqs:
- In a command (planned) economy ?
- A. The price mechanism acts as an incentive B. Resources are allocated by market forces C. Individual firms make decisions for themselves about what to produce and how to produce it D. The public sector is large...
- Productivity can be increased by ?
- A. improving the education of workers B. raising union wages. C. raising minimum wages. D. restricting trade with foreign countries....
- The economics the central problem is ?
- A. Scarcity B. Money C. Consumption D. Allocation...
- Microeconomics is not concerned with the behavior of ?
- A. aggregate demand B. firms C. Consumers D. industries....
- Which of the following is not part of the opportunity cost of going on holiday ?
- A. The money you spent on a theater show B. The money you could have made if you had stayed at home and worked C. The money you spend on airline tickets D. the money you spent on food...
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