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- A aldine.schoolobjects.com/aware2/onlineTestingApi/onlineTesting?testEntryld%364347529 - AldinelSD.org Bookmarks 6 Image of england D. Social Studies Economics 2nd NW DCA 2020-2021 Jorge Ortiz Ca O COLOR THEME Q Q ZOOM + ADD NOTE A QUESTION GUIDE 3 EXIT . Which of the following best explains the concept of an absolute advantage? Performing an economic production with a lower opportunity cost than another. Specializing In an economy that is more centered on providing services than goods. Carrying out an economic activity more efficiently than another individual or group. Investing in the biggest factories and machines in a free market economy. CLEAR ALL 8 O 10 NEXT > REVIEW & ( PREVIOUS O 2 INTL acerWhy is competition important in a free market? How can competition affects privces?QUESTION 1 Choose the most correct answer to the following questions/phrases. Only the question number and the letter of your answer. 1.1 1.1.1 Communism and Socialism are both examples of a economy. Planned Market C Mixed D Оpen 1.1.2 In a economy various aspects of production are determined by supp demand. A Planned Market C Mixed D Open 1.1.3 An unfair and unethical phenomenon that does not occur in planned econo Social grants Over-development Monopolies Unemployment be A B D 1.1.4 In a economy consumer demand is predictable and controllable.
- what specific educational reforms should be made to ensure that thepoor and middle-income students would have a greater chance to be admitted in thestate universities and colleges in the country?What is the effect of economic dependency in our society?How can clothing industry be economic sustainable?
- The "Freshwater" school of economic thought is commonly associated with - a. Richard Thaler b. Milton Friedman c. Hyman Minksy d. Paul KrugmanSolve this economicsO Efficiency Which of these economic goals is most important in a command economy? Growth Equit Freedom Efficiency Which of these economic goals is most important in a Traditional