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With reference to the circular flow of income, how is the allocation of resources largely decided?

kyaramarie318

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With reference to the circular flow of income, how is the allocation of resources largely decided?

With reference to the circular flow of income, how is the allocation of resources largely decided?

▸ by firms and individuals acting independently

▸ by individuals only

▸ by central authorities only

▸ by political parties and firms only

▸ by central authorities and firms only

Textbook

Microeconomics

Microeconomics

Edition: 17^th

Author: Ragan

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tulipfiasco

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