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Tony is trying to decide on which cars to sell at his dealership. He completed a spreadsheet to compare the options of cars. Which part of economic decision-making process has he performed?
natural
Evaluating the advantages and disadvantages of each choice
Capital
local company choosing to produce gaming software.
a central leadership group expecting all the profit from production.
Consumers bought less of the old version of a video game once the new one was released.
Walmart sends only five touch screen computers to each store
GDP
John specializes in leasing commercial buildings to manufacturing companies. In which type of resource does he specialize?
natural
Evaluating the advantages and disadvantages of each choice
Capital
local company choosing to produce gaming software.
a central leadership group expecting all the profit from production.
Consumers bought less of the old version of a video game once the new one was released.
Walmart sends only five touch screen computers to each store
GDP
An example of a value for a market economy is a:
natural
Evaluating the advantages and disadvantages of each choice
Capital
local company choosing to produce gaming software.
a central leadership group expecting all the profit from production.
Consumers bought less of the old version of a video game once the new one was released.
Walmart sends only five touch screen computers to each store
GDP
Jane’s Steakhouse offers several dishes that may include whole wheat, corn, or beef. Which type of resource is included in the dishes?
natural
Evaluating the advantages and disadvantages of each choice
Capital
local company choosing to produce gaming software.
a central leadership group expecting all the profit from production.
Consumers bought less of the old version of a video game once the new one was released.
Walmart sends only five touch screen computers to each store
GDP
Which is an example of a company establishing supply?
natural
Evaluating the advantages and disadvantages of each choice
Capital
local company choosing to produce gaming software.
a central leadership group expecting all the profit from production.
Consumers bought less of the old version of a video game once the new one was released.
Walmart sends only five touch screen computers to each store
GDP
When a government agency reports annually the total amount spent to pay employees, this information is useful for which measurement of economic activities?
natural
Evaluating the advantages and disadvantages of each choice
Capital
local company choosing to produce gaming software.
a central leadership group expecting all the profit from production.
Consumers bought less of the old version of a video game once the new one was released.
Walmart sends only five touch screen computers to each store
GDP
Which is an example of consumers setting the demand?
natural
Evaluating the advantages and disadvantages of each choice
Capital
local company choosing to produce gaming software.
a central leadership group expecting all the profit from production.
Consumers bought less of the old version of a video game once the new one was released.
Walmart sends only five touch screen computers to each store
GDP
An example of a value for a command economy is:
natural
Evaluating the advantages and disadvantages of each choice
Capital
local company choosing to produce gaming software.
a central leadership group expecting all the profit from production.
Consumers bought less of the old version of a video game once the new one was released.
Walmart sends only five touch screen computers to each store
GDP
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