The price system is based on_______________?

Related Mcqs:

If labour productivity per week is 200 units and there are 5 employees what is the total output ?

A. 40 units B. 195 units C. 1000 units D. 200 units...

Barriers to entry ?

A. Enable abnormal profits to be made in the long run B. Enable losses to be made in the long run C. Enable abnormal profits to be made in the short run only D. Occur in perfect competition...

A way of helping depressed regions by having lower wages, lower local taxes and lower unemployment benefit has been suggested as ?

A. market orientated economists B. left-wing theorists C. Keynesian D. New-Keynesian...

Which is an example of a pivotal social institution ?

A. A rock bands B. The economy C. A jail D. A symphony orchestra...

Which of the following is NOT true of primary relations ?

A. they cannot exist in secondary groups B. they are always harmonious C. the family is the only source of primary relation D. all of the above...