Asked by Anonymous
Who gets scarce resources in a market economy?
A) the government
B)whoever is willing and able to pay the price
C)whoever wants them
D)Whoever the government decides gets them
A) the government
B)whoever is willing and able to pay the price
C)whoever wants them
D)Whoever the government decides gets them
Answers
Answered by
Ms. Sue
What is YOUR answer?
Answered by
Ms. Sue
The government does not govern a market economy.
Check this definition of a market economy -- which is basically what is in effect in the U.S.
http://www.investorwords.com/2971/market_economy.html
Check this definition of a market economy -- which is basically what is in effect in the U.S.
http://www.investorwords.com/2971/market_economy.html
Answered by
Anonymous
so then either B or C?
Answered by
Ms. Sue
Who do you suppose will get this resource -- the person who will pay $10 a pound or the person who will pay only $1.00 a pound for it?
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