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Which of the following is a summary of the three key economic questions? A. Who will buy which goods and services, and how much will they pay? B. How, when, and from whom should consumers get what they want? C. When, where, and by whom should goods and services be produced? D. What goods and services should be produced, how, and for whom?
Weegy: Which of the following is a summary of the three key economic questions? B. How, when, and from whom should consumers get what they want? User: The owner of a clothing factory wants to make more winter coats. According to the law of increasing costs, what will happen next? A. The factory owner will have to give something up to make more coats. B. The cost of making winter coats will stay the same. C. The opportunity to make winter hats goes up. D. The factory owner will need fewer resources to make more coats. Weegy: The owner of a clothing factory wants to make more winter coats. According to the law of increasing costs, what will happen next? D. The factory owner will need fewer resources to make more coats. (More)
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Asked 2/28/2013 10:20:16 AM
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Question 4 of 20 0.0/ 5.0 Points Why is representative money more useful than commodity money? A. Representative money can be used for other things besides currency. B. Representative money has value because the government says it does. C. Representative money exists in unlimited supply, so more people use it. D. Representative money is portable, durable, divisible, and acceptable.
Weegy: D. Representative money is portable, durable, divisible, and acceptable. User: A day trader tries to make a profit by A. investing only in blue chip stocks. B. speculating with borrowed money. C. reducing risky investments. D. taking advantage of minute-by-minute changes in stock prices. Weegy: day trader tries to make a profit by C.taking advantage of minute-by-minute changes in stock prices. User: What happens to the percentage of an income that is taxed when income rises and the tax is a proportional one? A. The percentage of tax falls. B. The percentage of tax rises. C. The percentage rises and then falls. D. The percentage of tax stays the same. Weegy: D. The percentage of tax stays the same. The percentage of tax stays the same when income rises and the tax is a proportional one. [ ] (More)
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Asked 3/1/2013 1:28:05 PM
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In economics, A public good is an example of a: A. market failure B. monopoly C. charity D. none of the above User: Real GDP divided by the total population is: A. capita per real GDP B. normalized GDP C. real GDP per capita D. fixed GDP
Weegy: Real GDP divided is C. real GDP per capita User: Ultimately, the main factor that drives decisions about production is the A. availability of natural resources. B. government regulations and rules. C. public need for better goods. D. desire to maximize profits. Weegy: The answer is letter D. desire to maximize profits. (More)
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Asked 3/1/2013 11:11:15 PM
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