Social Studies, 17.07.2021 21:10 shelbyo1123
This is CIVICS PLEASE HELPP ILL GIVE BRAINLIST
Why must business owners make sure their prices are competitive?
A.
to give consumers incentive to buy their products
B.
to ensure that their goods are of the highest quality
C.
to make the greatest possible profit in a short time
D.
to produce the maximum number of goods to sell
Answers: 1
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Mankiw attributes – chapter 1 and his 10 principles – differences in living standards within a countryover time and across countries at a moment in time to: a. the presence or absence of inflation and unemployment. b. the allocation of resources between private markets and the public sector. c. those that have dealt successfully with the efficiency v. equality tradeoff and those that haven’t. d. differences in productivity. e. ones that think at the margin and respond to incentives and those that don’t.
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Social darwinism applies what theory to human society
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