Which Fundamental Question About a Competitive Market System Primarily Focuses

question 75

Multiple Choice

Which fundamental question about a competitive market system primarily focuses on technological progress and capital accumulation?

• A)What will be produced?
• B)How will the goods and services be produced?
• C)How will the system accommodate change?
• D)Who is to receive the output?

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Definitions:

Phonological

Phonological pertains to the system of sounds in a language, including the rules of sound combination and pronunciation.

Ambiguity

A situation, statement, or information that is unclear, uncertain, or can be understood in more than one way.

Passive Voice

A grammatical voice that emphasizes the action being done to the subject of the sentence, rather than who is performing the action.

Complex Sentence

A type of sentence structure that includes at least one independent clause and one or more dependent clauses.