Which of the following is an example of a trade barrier? (1 point) O capitalism Otariff O gross domestic product O comparative advantage

Question

Which of the following drives the free market economy? (1 point) the needs and wants of the people O the supply of goods in the market the number of consumers in the market O the gross domestic product

Which term describes the choices that people must make to meet their wants and needs? (1 point) supply O demand opportunity cost O producers

Answer 1

opportunity cost