How does economy achieve an

  1. You are an entrepreneur with an innovative idea for a new business. In which kind of economy would you have the most opportunity
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  2. The South African economy can BEST be described as aResponses Acommand economy. command economy. Btraditional economy.
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  3. Which of the following describes an economy in which the interaction of supply and demand determines price and output and there
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  4. What is profit in an economic system?(1 point)Responses Profit is the investment a consumer makes in the economy to achieve
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  5. How can an economy achieve points that are outside the production possibilities curve?
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  6. In which type of economy do people make economic decisions based on their group's ancestral customs and ways of life?(1 point)
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  7. In which type of economy do people make economic decisions based on their group's ancestral customs and ways of life?(1 point)
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  8. In which type of economy do people make economic decisions based on their group's ancestral customs and ways of life?(1 point)
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  9. Why is economic equity difficult to achieve in a free market economy?
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  10. Exercise 4: Author’s Style in Context Objective: Identify how an author’s style helps to achieve their purpose.
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