Question 4 a. Describe five (5) factors that influence the market demand for a product such as personal computers. b. Explain three (3) characteristics of the planned economy. Give one example for each.
Question 4 a. Describe five (5) factors that influence the market demand for a product such as personal computers. b. Explain three (3) characteristics of the planned economy. Give one example for each.
Chapter2: Productions Possibilities, Opportunity Costs, And Economic Growth
Section: Chapter Questions
Problem 3SQ
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![Question 4
a. Describe five (5) factors that influence the market demand for a product such as personal
computers.
b. Explain three (3) characteristics of the planned economy. Give one example for each.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6a645c34-4a1f-46bc-b70a-8c3feec9ea62%2F65196178-c9da-46d0-b474-cb77e5b77479%2Ff8nhx7q_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 4
a. Describe five (5) factors that influence the market demand for a product such as personal
computers.
b. Explain three (3) characteristics of the planned economy. Give one example for each.
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