Who gets scarce resources in a market
Who gets scarce resources in a market economy?
a. The government
b. Whoever the government decides gets them
c. Whoever wants them
d. Whoever is willing and able to pay the price
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when quantity moves proportionately to the same amount as price demand isa elastic and the price elasticity of demand
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suppose there is an increase in the price of steel we would expect the supply curve for steel beams toa shift rightb
who gets scarce resources in a market economya the governmentb whoever the government decides gets themc whoever wants
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boris budgets 9 weekly for his morning coffee with milk he likes it if it is prepared with 4 parts coffee 1 part milk
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