Author Question: Decisions made in a system primarily based on markets a. Private companies make the main ... (Read 145 times)

c0205847

  • Hero Member
  • *****
  • Posts: 531
Decisions made in a system primarily based on markets
 
  a. Private companies make the main decisions about what they will produce andwho will get it.
 b. Land and factories are owned and managed by private individuals.
  c. People are motivated to work primarily by the desire to get paid for voluntarilysupplyin g the things others are willing to pay for.
 d. All of the above.
  e. None of the above.

Question 2

Barter preceded monetary commerce.
 
  Indicate whether the statement is true or false



ambernicolefink

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

D

Answer to Question 2

True



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

For a complete list of videos, visit our video library