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Author Question: Which of the following generates allocative efficiency in a market economy? A) United Nations ... (Read 87 times)

armygirl

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on: Jun 29, 2018
Which of the following generates allocative efficiency in a market economy?
 
  A) United Nations rules for competition B) equity
  C) voluntary exchange between buyers and sellers D) national government intervention

Question 2

Refer to Table 7-6. Which country has an absolute advantage in producing belts?
 
  A) Estonia B) Morocco C) both countries D) neither country


ErinKing

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


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armygirl

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Reply #2 on: Jun 29, 2018
Thank you :)


ErinKing

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Reply #3 on: Jun 29, 2018
Happy to help you


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