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Iteru [2.4K]
3 years ago
11

Choose the best answer to complete the sentence. History and experience have shown that economies become most efficient at conve

rting resources into desired products when there is __________.
A.) government market regulation
B.) strong armies
C.) competition
D.) democratic governments
Business
1 answer:
bonufazy [111]3 years ago
4 0
History and experience have shown that economies become most efficient at converting resources into desired products when there is competition. The correct option among all the options that are given in the question is the third option or option "C". I hope that this is the answer that has come to your great help.
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Conversion cost is the sum of a.selling cost and administrative costs. b.product costs and period costs. c.direct labor cost and
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