An example of a value for a command economy is:

a leadership group expecting all profit from production

Which is an example of consumers establishing demand?t

the purchase of iphone applications increasing dail

Which is an example of consumers setting the demand?

Gamers bought less of the old game once a new one released.

Which is an example of a company establishing supply?

walmart sends only five touch screen computers to each store

An example of a value for a market economy is a:

local company choosing to produce gaming software.

Tony is trying to decide which cars to sell at his lot.He made a spreadsheet to compare cars.

evaluate advantages and disadvantages of each choice

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Answers

1
An example of a value for a command economy is:
an individual deciding to purchase three new televisions.
a leadership group expecting all profit from production
a local company choosing to produce 10,000 televisions.
a local group producing televisions the same way for years.
2
Duke uses water to power the area. Which resource is Duke Energy Power using?
human
sevice
capital
natural
3
Which is an example of consumers establishing demand?t
department store is changing staff
the purchase of iphone applications increasing dail
footwear company moving in its new building
the wait to return recalled equipment decreasing dail
4
Jane offers several dishes that include wholewheat,corn,or beef.Which resource is included
human
natural
service
capital
5
Tony organized all the cars he decided to sell.What part of decision-making process has he done
choose one choice
evaluate advantages and disadvantages of each choice
act on choice
define the problem
6
Which is an example of consumers setting the demand?
The footwear company moving in its new building.
The wait for employees returning equipment decreased.
Gamers bought less of the old game once a new one released.
The department store changing its staff.
7
Jewel changed its production line to include more workers and decrease production time.
what to produce
how to produce
when to produce
for whom to produce?
8
John specializes in leasing commercial buildings to companies.Which resource does he specialize
human
capital
natural
service
9
Which is an example of a company establishing supply?
sears displays fewer lawn mowers
clothing store upgrades equipment daily
walmart sends only five touch screen computers to each store
footwear company is trying to attract middle-aged customers
10
An example of a value for a market economy is a:
local group producing tvs the same way through the years.
leadership group expecting all the profit from production.
local company choosing to produce gaming software.
local group believing in following traditions at work.
11
Brandon’s Company added flat tire services.Which economic question does this address
what to produce
how to produce
for whom to produce
when to produce
12
Bryers plans to increase quantity of ice cream sold per qtr.Which principle of market economy?
consumers set demand
supply and demand generated competition
producers establish supply
demand and supply factors influence market prices
13
Tony is trying to decide which cars to sell at his lot.He made a spreadsheet to compare cars.
choose one choice
act on a choice
define the problem
evaluate advantages and disadvantages of each choice
14
Tina needs to find a job to earn income.She applied to be a teacher,contractor, andcoordinator
define problem
evaluate advantages and disadvantages of each choice
choose one choice
identify choices

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