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

Question

Responses

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

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

the prices of goods and services
the prices of goods and services

which products and services are made available to consumers

Answer 1

The best response to complete the sentence is "policy decisions and allocation of resources."

So the complete sentence would be:

As a result of limited resources such as land and labor, governments in a market economy must make trade-offs in policy decisions and allocation of resources.