In a modern market economy, most of the answers to the questions of what to produce, how to produce it, and who should get the production are made by:
举一反三
- The answer to the questions “How are you going to produce the outputs?" is ( )
- Which is not the content of Micro-economics A: Full employment B: What to produce C: How to produce D: Whom to produce fo
- What is the basic purpose of profits in our market economy （ ） A: Pay for wages and salaries of workers. B: Lead businesses to produce what consumers want. C: Transfer income to the wealthy. D: All of the above.
- Refer to Figure 12.1. Six firms that produce chewing gum have formed a cartel. The cartel faces the market demand curve given by D. To maximize profits, the cartel should produce ________ packs of chewing gum and the price should be ________.
- Which of the following is not a decision made by a competitive firm?<br/>____ A: the number of employees to hire B: how much to invest in machines C: what price to ask for its product D: how much to produce