Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: lstar1993 on Apr 27, 2019



Title: ________ economy is an economy that produces what consumers demand and does so at the least possible cost.
Post by: lstar1993 on Apr 27, 2019

Question 1.

A change in economic output is ________ if the value of the resulting gains exceeds the value of the resulting losses.



▸ potentially efficient

▸ always efficient

▸ always inefficient

▸ irrelevant

Question 2.

________ economy is an economy that produces what consumers demand and does so at the least possible cost.



▸ An inefficient

▸ An efficient

▸ A government-controlled

▸ A command


Title: ________ economy is an economy that produces what consumers demand and does so at the least possible cost.
Post by: binva on Apr 27, 2019
Content hidden