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.Management Sciences
A. increase the scarcity of resources.
B. makes a country more equitable.
C. allows a country to have a greater variety of products at a lower cost than if it tried to produce everything to home.
D. None of these
Related Mcqs:
- Human wants are_______________?
- A. Always fixed B. Limited C. Unlimited D. Likely to decrease over time...
- 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...
- An increase in the price of beef providers information which ?
- 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....
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