Author Question: Economies where some production decisions are made by the government and some are made by buyers and ... (Read 84 times)

shenderson6

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Economies where some production decisions are made by the government and some are made by buyers and sellers are called
 
  A) command economies.
  B) market economies.
  C) mixed economies.
  D) capitalist economies.

Question 2

Refer to Table 5.1. What is Andrea's opportunity cost of producing one tiara?
 
  A) 1/6 of a bracelet
  B) 2/3 of a bracelet
  C) 3 bracelets
  D) 6 bracelets



briseldagonzales

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Answer to Question 1

C

Answer to Question 2

D



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