Economics For Today
Economics For Today
9th Edition
ISBN: 9781305507074
Author: Tucker, Irvin B.
Publisher: Cengage Learning,
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Chapter 2, Problem 2SQ
To determine

Which is not a fundamental economic question.

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Which of the following questions is not answered by the decisions that every society must make? a. What determines consumer preferences? b. What goods will be produced? c. Who will produce the goods? d. Who will consume the goods?
Does an individual consumer really have a voice in answering the basic four economic questions described as given.
What are the key elements of the scientific method and how does this method relate to economic principles and laws?
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