An economic system in which property resources are privately owned and markets and prices are used to direct and coordinate economic activities________________?
A. Pure capitalism
B. Command Economy
C. Closed economy
D. Open economy
A. Pure capitalism
B. Command Economy
C. Closed economy
D. Open economy
A. Plant
B. Firm
C. Factory
D. None
A. Ceiling price
B. Floor price
C. Max price
D. None
Legally established maximum price of a good or service__________________? Read More »
Agricultural economics A. Money market
B. International market
C. Foreign exchange market
D. All of these
A. Company
B. Factory
C. Firm
D. None
A. Implicit cost
B. Explicit cost
C. Net cost
D. Total cost
A. Prices discrimination
B. Prices differentiation
C. Oligopoly
D. Prices elasticity
A. Economy Profit
B. Pure Profit
C. Above normal Profit
D. All these
The total revenue of a film less all its economic costs is called_____________________? Read More »
Agricultural economics A. Command economy
B. Closed economy
C. Open economy
D. None
A. Net income
B. Gross income
C. Saving
D. None of these
Total consumption deducted from total income is called__________________? Read More »
Agricultural economics