is an example of T OA. Writer Lawrence Hill; labour OB. An airport security guard; entrepreneurship C. Mount Waddington; land OD. A farmer's field; capital

Q: market economy is regulated by the interaction between which two things    A.Goods and services…

A: A market is a platform where buyers and sellers interact to buy and sell goods and services.

Q: What's in the flow? Use the infomation fromyour PowerPoint (week-1) to answer the following…

A: In a resource market, a firm can purchase resources needed to produce a good, i.e., land, labor,…

Q: Who answers the three key economic questions in a command economic system? O custom & tradition…

A: In command economy all the production and allocation decisions are centralised.

Q: According to Adam Smith, the butcher, the baker, and the brewer do what they do because of…

A: Adam Smith economic theory: Adam Smith is a philosopher who has given a theory that market tends to…

Q: Which of the following choices is not part of capitalism? O free enterprise O private ownership of…

A: Capitalism is an economic and political system in which the ownership of the private enterprise is…

Q: In a competitive market economy, how is the distribution of income primarily determined? a.By the…

A: Perfect competition refers to the type of market where there are a large number of producers and…

Q: 3. Imagine there is a monopolist with a cost function of C= 500 +5Q + ¹/4Q², and a demand function…

A: (A) Fixed cost is that part of total cost function which does not vary with quantity produced.Hence…

Q: According to economics, human capacity is theoretically____________ A(none of the answers] B…

A:

Q: Which of the following is a requirement for a market economy a. Money as a medium of exchange b.…

A: An economic system or market economy that relies on markets to conduct many economic activities

Q: A teacher is an example of: * an entrepreneur.. O labor. Oland. capital.

A: Factors of production are those which is used in the production process.  This includes:-  • land  •…