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bluecamel387Lv1
18 Aug 2020
For a market system, which best answers the question, what goods and services will be produced?
a. Only those goods whose long-term economic profits are greater than average.
b. Any good for which consumers are willing to pay a positive price.
c. Any good whose production is characterized by the least-cost technology.
d. The goods and services produced at a continuing profit.
For a market system, which best answers the question, what goods and services will be produced?
a. Only those goods whose long-term economic profits are greater than average.
b. Any good for which consumers are willing to pay a positive price.
c. Any good whose production is characterized by the least-cost technology.
d. The goods and services produced at a continuing profit.
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Vaishnavi KanukurtiLv10
17 Oct 2020