Economics
Quiz by Roberto Balino
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3 questions
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- Q1What is the term for a market in which there are many buyers and many sellers, and no single buyer or seller can influence the price?Monopolistic competitionPerfectly competitive marketMonopolyOligopoly30s
- Q2What is the study of how individuals, businesses, governments, and societies allocate their scarce resources to satisfy their unlimited wants?BiologyPsychologyHistoryEconomics30s
- Q3What is the term for the resources used to produce goods and services?AssetsCommoditiesFactors of productionLiabilities30s