
A. Market institutions, economic matters
B. Market institutions, economic problem
C. Social institutions, economic solution
D. Social institutions, economic problem
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A. decisions, invisible hand
B. decisions, visible hand
C. decisions, invisible fingers
D. outputs, visible hand
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A. production and supply, decision
B. goods and services, output
C. goods and products, meeting
D. goods and services, decision
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A. demands, resources
B. supply, resources
C. demands, materials
D. supply, materials
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A. limited resources and unlimited, insatiable
B. scarce resources and unlimited, insatiable
C. limited resources and limited, insatiable
D. scarce resources and limited, insatiable
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A. Enjoys
B. Allows
C. Takes
D. Fixes
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A. upward
B. slanting
C. curved
D. downward
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A. Economies of scale
B. Large economies of scale
C. Capital
D. No competitor
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A. Normal
B. Sufficient
C. Abnormal
D. Less
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A. Yes
B. Not sure
C. No
D. Almost
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