All economic systems must decide what to produce because<...
All economic systems must decide what to produce because
Resources are not available
Consumers want maximum satisfaction
Resources are limited in supply
Producers want maximum profit
Correct answer is C
No explanation has been provided for this answer.
Which of the financial institutions cannot direct tax loans to individuals? ...
An inflation that co-exists with high rate of unemployment is ...
The deregulation of the petroleum sector in Nigeria will bring about ...
Government fixing of prices below the equilibrium point is aimed at protecting the ...
Perfect knowledge of events in a perfect market will be made possible by the existence of ...
If the government imposes a minimum price on a commodity ...
The curve labeled III illustrate a system of taxation ...
The final stage in the production process of any commodity involves its movement from the ...