Question

As a result of limited resources such as land and labor, governments in a market economy must make trade-offs in ____________Answer Line.(1 point)
Responses

which businesses to dedicate labor to
which businesses to dedicate labor to

policy decisions and allocation of resources
policy decisions and allocation of resources

which products and services are made available to consumers
which products and services are made available to consumers

the prices of goods and services

Answer 1

policy decisions and allocation of resources

Because limited land and labor require choices about how resources are distributed, governments must make policy decisions that allocate those resources.