The Figure Given Below Represents the PPC in Two Nations

question 30

Multiple Choice

The figure given below represents the PPC in two nations - Germany and Korea, producing only two goods, cars and food.Figure 2.4

-_______ ensure that resources are allocated to where they are most highly valued.

• A)Communist governments
• B)Consumers
• C)Suppliers
• D)Non-governmental organizations
• E)Markets

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Definitions:

Level Playing Field

A concept involving fair competition where no individual or group has an advantage over others, ensuring equity and fairness in opportunities.

Section 504

A part of the Rehabilitation Act of 1973 that prohibits discrimination against individuals with disabilities in programs that receive federal financial assistance.

Ethical Decision Making

The process of choosing actions that are consistent with one’s principles and values in a moral context.

Employment

The condition of working for pay in a job, profession, or business, whether part-time or full-time.