How Goods Are Produced Is Determined By

question 66

Multiple Choice

How goods are produced is determined by:

• A)consumer demand.
• B)government intervention to force businesses to produce goods cheaply.
• C)big business activity.
• D)business competition to buy factor inputs and sell goods most cheaply.
• E)none of the above.

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Definitions:

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Normal Curve

A bell-shaped curve representing the distribution of a set of data where most occurrences take place in the middle of the range.

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Individuals of Hispanic origin living in the United States, encompassing a diverse range of cultures, traditions, and backgrounds.

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