Abeka economics final - Study guides, Class notes & Summaries

What global organization was created to maintain international peace? - Correct Answer ️️ -United Nations What was the name of the French group whose members were some of the earliest influential advocates of laissez-faire economics - Correct Answer ️️ -physiocrats What are the four factors of production? - Correct Answer ️️ -natural resources, labor, capital, entrepreneurship large, complex organizations composed of appointed officials and numerous departments - Correct Answe...

Abeka Economics Final UPDATED ACTUAL Exam Questions and CORRECT ANSWERS scarcity - CORRECT ANSWER- Besides its utility, what else determines the value of a good by a consumer? property rights - CORRECT ANSWER- What is basic component of capitalism besides limited government, freedom of enterprise, and competition? equilibrium - CORRECT ANSWER- When supply of good increases, what tends to decrease?

Besides its utility, what else determines the value of a good by a consumer? - Answer-scarcity What is basic component of capitalism besides limited government, freedom of enterprise, and competition? - Answer-property rights When supply of good increases, what tends to decrease? - Answer-equilibrium Which economic system bases production of goods on customs and habits? - Answer-traditional Which economic system is regulated by the public sector? - Answer-command Which economic system is g...

Abeka Economics Final Exam Questions and Answers 100% Pass Besides its utility, what else determines the value of a good by a consumer? - Correct Answer ️️ -scarcity What is basic component of capitalism besides limited government, freedom of enterprise, and competition? - Correct Answer ️️ -property rights When supply of good increases, what tends to decrease? - Correct Answer ️️ - equilibrium Which economic system bases production of goods on customs and habits? - Correct ...

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? Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:00 / 0:15 Full screen equilibrium When supply of good increases, what tends to decrease? traditional Which economic system bases production of goods on customs and habi...

Abeka Economics Final Exam 2024 with complete solution scarcity - Answer ️️ -Besides its utility, what else determines the value of a good by a consumer? property rights - Answer ️️ -What is basic component of capitalism besides limited government, freedom of enterprise, and competition? equilibrium - Answer ️️ -When supply of good increases, what tends to decrease? traditional - Answer ️️ -Which economic system bases production of goods on customs and habits? command - ...

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? free en...

Abeka Economics Final Exam 2024 questions with complete solution Besides its utility, what else determines the value of a good by a consumer? ANS-scarcity What is basic component of capitalism besides limited government, freedom of enterprise, and competition? ANS-property rights When supply of good increases, what tends to decrease? ANS-equilibrium Which economic system bases production of goods on customs and habits? ANS-traditional Which economic system is regulated by the publi...

Abeka Economics Final Exam Questions With Correct Answers Scarcity - answerBesides its utility, what else determines the value of a good by a consumer? property rights - answerWhat is basic component of capitalism besides limited government, freedom of enterprise, and competition? equilibrium - answerWhen supply of good increases, what tends to decrease? traditional - answerWhich economic system bases production of goods on customs and habits? command - answerWhich economic system is regu...