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Tony organized all the automobiles that he has decided to sell at his dealership. Which part of economic decision-making process has he performed?
Producers establish supply
Natural
Acting on a choice
Identifying choices
Captial
Natural
Evaluating the advantages and disadvantages of each choice
A central leadership group expecting all the profit from production.
Jane’s Steakhouse offers several dishes that may include whole wheat, corn, or beef. Which type of resource is included in the dishes?
Producers establish supply
Natural
Acting on a choice
Identifying choices
Captial
Natural
Evaluating the advantages and disadvantages of each choice
A central leadership group expecting all the profit from production.
An example of a value for a command economy is:
Producers establish supply
Natural
Acting on a choice
Identifying choices
Captial
Natural
Evaluating the advantages and disadvantages of each choice
A central leadership group expecting all the profit from production.
Tina needs to find employment to earn an income. She applied for positions as a teacher, contractor, and coordinator. Which part of the economic decision-making process has she performed?
Producers establish supply
Natural
Acting on a choice
Identifying choices
Captial
Natural
Evaluating the advantages and disadvantages of each choice
A central leadership group expecting all the profit from production.
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?
Producers establish supply
Natural
Acting on a choice
Identifying choices
Captial
Natural
Evaluating the advantages and disadvantages of each choice
A central leadership group expecting all the profit from production.
Bryers Ice Cream Company plans to increase the quantity of ice cream sold per quarter. This is an example of which self-regulating principle of a market economy?
Producers establish supply
Natural
Acting on a choice
Identifying choices
Captial
Natural
Evaluating the advantages and disadvantages of each choice
A central leadership group expecting all the profit from production.
Duke Energy Power Company uses water to power the area. Which resource is Duke Energy Power using?
Producers establish supply
Natural
Acting on a choice
Identifying choices
Captial
Natural
Evaluating the advantages and disadvantages of each choice
A central leadership group expecting all the profit from production.
John specializes in leasing commercial buildings to manufacturing companies. In which type of resource does he specialize?
Producers establish supply
Natural
Acting on a choice
Identifying choices
Captial
Natural
Evaluating the advantages and disadvantages of each choice
A central leadership group expecting all the profit from production.
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