Abeka basic - Study guides, Class notes & Summaries
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Abeka Economics Final Exam 2024 with complete solutioN
- Exam (elaborations) • 5 pages • 2024
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Abeka Economics Final Exam 2024 with complete solution 
 
 
scarcity 
Besides its utility, what else determines the value of a good by a consumer? 
property rights 
What is basic component of capitalism besides limited government, freedom of enterprise, and competition? 
equilibrium 
When supply of good increases, what tends to decrease? 
traditional 
Which economic system bases production of goods on customs and habits? 
command 
Which economic system is regulated by the public sector? 
free en...
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Abeka Economics Final Exam Questions and Answers 100% Solved
- Exam (elaborations) • 8 pages • 2024
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Abeka Economics Final Exam 
Questions and Answers 100% Solved 
scarcity Besides its utility, what else determines the value of a good by a consumer? 
property rights What is basic component of capitalism besides limited government, freedom 
of enterprise, and competition? 
equilibrium When supply of good increases, what tends to decrease? 
traditional Which economic system bases production of goods on customs and habits? 
command Which economic system is regulated by the public sector? 
...
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