Hundreds of Thousands of Producers Working Across the World Cooperate

question 70

Multiple Choice

Hundreds of thousands of producers working across the world cooperate to ensure that millions of consumers can have the goods and services they desire. These producers do not know each other and are not coordinated by a central agency. Their actions are directed simply by:

• A) self interest.
• B) robotic technology.
• C) their governments.
• D) computer technology.

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Definitions:

Negotiable

Capable of being discussed and altered or the property of an instrument (like a check) to be legally transferable to another person.

Payable In

A term indicating the form of payment that is accepted or required, typically referring to currency type or method of payment.

Dodge Dart

A model of compact car produced by the American automobile manufacturer Dodge, known for its sporty design and performance.

Cashier's Check

A check issued by a bank, drawn from its own funds and signed by a cashier, considered very secure as it guarantees the available amount of cash.